PALI TALKS ABOUT ACADEMY MUSEUM
As we reported last week, Zoltan Pali and Renzo Piano were tagged to design the Academy of Motion Picture Arts and Sciences’ new film museum inside LA’s former May Company Building. We recently caught up with Culver City-based Pali, principal of SPF:a, to discuss the project. It’s still early, so he couldn’t give many details, but he did share some Twitter-sized kernels about his approach and his upcoming collaboration. Read More
LACMA Puts Kibosh On New Building
May Company Building
We’ve just learned via the LA Times that construction-happy LACMA has suspended all future projects until they’ve raised another $100 million. The news comes on the heels of a mixed finance review from Moody’s Investors Service, which downgraded its ratings outlook from “stable” to “negative.” The museum has so far raised about $320 million for its construction program, and its construction bonds kept their A2 rating. The suspension means an official halt to SPF:A Architects’ LACMA West Project, which includes the renovation of the 1939 May Company building on Wilshire and Fairfax into new gallery spaces. That project was originally scheduled for completion this year. It also puts a longer hold on renovation projects on LACMA’s east end, which were to be the third phase of LACMA’s campus transformation.
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