Art collector Gary Nader's Latin American Art Museum that Curbed spotted mysteriously announced on an obscure Latin American news website Tuesday is seriously legit, according to an article in the Miami Herald today. Mr. Nader will be displaying the plans, and a model, along with selections from his 600-piece private collection, which he plans to display at the museum, at his gallery in Wynwood during Art Basel.
Nader hasn't picked a site yet, but he's currently considering three potential sites on Biscayne Boulevard. That means (hallelujah!) it's probably not going on Parcel B. The very cool looking 90,000 square foot museum, which was designed by architect Fernando Romero, will cost around $50 million, and will be financed by the construction of a $300 million, 300 unit luxury condominium tower on the same property, where units will range in price from $2 to $20 million. A "sculpture park" will be out front. Nader hopes to have the museum open by 2016.
· Is This The Latin American Museum Proposed for Parcel B? [Curbed Miami]
· Miami art collector unveils plans for Latin American Art Museum [Miami Herald]