How Related’s Jorge Pérez helped save the arts in Miami

New York /
Feb.February 09, 2014 01:00 PM

 Billionaire real-estate developer and Related development co-founder, Jorge Pérez, has become the unlikely figure behind a rebirth in the arts in Miami.

Combining his love for real estate developer and art, Pérez donated $40 million to the institution that is now his namesake — the Pérez Art Museum Miami, or PAMM.

“Cultural institutions have played a critical role in the growth of Miami, with this museum as a leading example,” Pérez said in an interview with CNN.

In his early 20s, Pérez began collecting paintings by Roberto Matta, Diego Rivera, Wifredo Lam, and Joaquin Torres-Garcia. Today 110 works from his private collection are available to the public in the  $220 million, three-story, 200,000-square-foot museum, designed by the Pritzker Prize-winning Swiss architects Herzog & de Meuron, according to CNN. [CNN] Christopher Cameron


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Neumann reveals his vision for Flow renters to “feel ownership”
Neumann reveals his vision for Flow renters to “feel ownership”
Neumann reveals his vision for Flow renters to “feel ownership”
From left: Alvin Bragg and Eric Adams (Getty)
City sues East Village landlords over illegal smoke shops
City sues East Village landlords over illegal smoke shops
From left: Extell's Gary Barnett with 217 West 57th Street, Related's Jeff Blau with 450 Washington, 300 West 30th Street and Fortis' Jonathan Landau Olympia Dumbo
New condos cool in Brooklyn, but hold steady in Manhattan
New condos cool in Brooklyn, but hold steady in Manhattan
L&L Holding Company’s David Berkey and Polsinelli’s Gabriel Dabiri along with 600 Third Avenue (Getty, L&L Holding Company, Polsinelli)
L&L, BlackRock sign law firm to renewal, expansion at 600 Third Ave
L&L, BlackRock sign law firm to renewal, expansion at 600 Third Ave
From left: 418 State and 191 Lefferts Place (Getty, Google Maps)
Brooklyn luxury market ends January with a whimper
Brooklyn luxury market ends January with a whimper
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...