LOS ANGELES, Calif.—A new contemporary art museum downtown to house philanthropists Eli and Edythe Broad's 2,000-piece collection will have a honeycomb-shaped "veil'' and sky-lit gallery, according to an architectural design unveiled today.
Designed by the architectural firm Diller Scofidio + Renfro, the three-story, 120,000-foot museum —to be called The Broad Art Foundation, or simply "The Broad''—is estimated to cost about $130 million.
The Broads will fund the museum with a $200 million endowment.