The Los Angeles County Museum of Art (LACMA) has announced two gifts totaling $75 million dollars, bringing the museum’s Peter Zumthor designed campus overhaul one step closer to reality, reports the Los Angeles Times. Elaine Wynn, one of the world’s top art collectors, has pledged $50 million dollars, and former Univision chairman A. Jerrold Perenchio has promised $25 million, bringing the total funds raised and approved to $275 million, just shy of halfway to the $600 million required for the project.
The Zumthor design, now in its third major revision, evolved from a blot or tar-like form, later branching across Wiltshire Boulevard, and now has settled on a more rectilinear, S-like form. The project is backdropped by a flurry of museum expansions both in the United States and abroad, ranging from SFMOMA, to the Tate Modern, and the Museum of Modern Art. The LACMA building will begin its environmental review process this summer, with construction set to start in 2018 and conclude in 2023.
Read the complete story from the LA Times here.