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Guggenheim Museum's pier project enthralls NACORE.


At a recent NACORE NACORE National Association of Corporate Real Estate Executives
NACORE National Association of Commercial Office Real Estate Executives
 New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 luncheon meeting, guest speaker Laurie Beckelman, deputy director of special projects at the Guggenheim, described the proposed new Guggenheim Museum Guggenheim Museum, officially Solomon R. Guggenheim Museum, major museum of modern art in New York City. Founded in 1939 as the Museum of Non-objective Art, the Guggenheim is known for its remarkable circular building (1959) designed by Frank Lloyd Wright. . In her presentation "Breaking New Ground: Building in Lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North ," she gave an overview of the many aspects of the proposed project -- a 40- story, 570,000 SF structure at South Street Seaport The South Street Seaport is a historic area in the New York City borough of Manhattan, located where Fulton Street meets the East River, and adjacent to the Financial District. The Seaport is usually considered a historical district, distinct from the neighboring Financial District.  on the East River. Feasibility and environmental studies are still being conducted.

The Guggenheim has historically been associated with unusual spaces and unorthodox structures, starting with Frank Lloyd Wright's design of the original Guggenheim at 89th and Fifth Ave. with architect Frank O. Gehry designed the acclaimed Guggenheim Museum in Bilbao, Spain, built on a 32,500 SF site in the center of town. The building itself is an extraordinary combination of interconnecting shapes. Orthogonal blocks in limestone contrast with curved and bent form covered in titanium.

Globally, the Guggenheim Museum has been expanding to faraway and exotic places, establishing galleries around the world and sharing its collections with other museums in Berlin, Venice, Shanghai, and St. Petersburg, Russia.

The Guggenheim also maintains an exhibition space at 575 Broadway at Prince St. in Soho and will soon be unveiling a new 63,000 SF, $20 million exhibition space at the Venetian Hotel in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , where the first exhibition will be "The Art of the Motorcycle."

The Guggenheim's venture into non-traditional markets signifies the globalization globalization

Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation
 of the art world, "seeking ways to creatively bring art to the masses," said Beckelman.

The proposed new Guggenheim in Lower Manhattan, if all goes well, will be a combination of exhibition space and an art center. The review process is expected to take three years. It will then take four years and $900 million to build.

"We are hoping to cut a ribbon in seven to eight years for a great new cultural center in Lower Manhattan, " said Beckelman.
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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:May 23, 2001
Words:314
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