During the celebration of Art Basel Miami Beach 2014 Gary Nader Art Centre unveils the Model and renderings of the Latin American Art Museum (LAAM) designed by well-known Mexican architect Fernando Romero (b. 1971, Mexico).
A group exhibition including important paintings, sculptures, drawings and other media from the museum’s permanent collection accompanies the debut of the LAAM model and architectural plan.
The 90,000-square-foot museum, expected to open in early 2016, will feature exhibits showcasing a variety of modern and contemporary media, including visual art, couture fashion, film and music. Outside, Nader will display about 25 sculptures in what he has called a “cultural park.” The first year of programming will feature a retrospective of works by Fernando Botero and a Brazilian art exhibit, along with individual shows of works by Latin American masters Roberto Matta, Wifredo Lam, Frida Kahlo and her husband, Diego Rivera.
Nader estimated the cost of the museum at about $50 million, to help pay for it, Nader plans to build a 300-unit, $300 million residential tower on the same property, where units will be priced between $2 million and $20 million. Nader said he is working with three potential sites on Biscayne Boulevard, and negotiating with three potential partners to develop and construct the project.
The museum aspires to be the most important venue in North America to showcase acclaimed Latin American Art and will be fully dedicated to foster knowledge by a continuous process of appreciation and reinterpretation of Modern and Contemporary art from Latin American and its diaspora.