Demolition of several LACMA buildings is expected to begin by the end of March, despite the fact that no final plans for the future museum’s galleries have been publicly revealed.
from A2 to A3, making it more difficult for the museum to borrow money at low interest rates. It has remained at A3 ever since — though in 2017, the most recent year for which a rating is available, Moody’s described the museum’s outlook as “stable.”
Brad Pitt, right, and Diane Keaton, left, speak before the L.A. County Board of Supervisors in favor Peter Zumthor’s plan for LACMA in 2019. The exterior of the Academy Museum of Motion Pictures. The museum recently announced that it is $100 million over budget. And now, six weeks before demolition is set to begin, the museum’s internal layout — one that purportedly will transform the ways in which permanent collections are displayed — is still a mystery. Govan says that construction drawings, the designs that literally guide the construction process, are now 50% complete and that gallery plans will not be available until next month .“I have a ton of oversight,” says Govan. “I have the county. I have an oversight committee. ...
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