Billionaire investor Nicolas Berggruen provided a glimpse at one of L.A.’s most ambitious new development projects Wednesday, when his think tank released renderings for its new 447-acre campus in the Santa Monica Mountains.
The futuristic Herzog & de Meuron-designed campus, which borders the Mountain Gate Country Club, will be comprised predominantly of open space. Its main building, a 137,000-square-foot facility, would wrap around a courtyard with a 250-seat spherical lecture hall in the middle.
The institute plans to scatter various plants across the campus and create its own water system, Curbed reported.
The Berggruen Institute was founded in 2010 by Berggruen to develop new ideas for a changing world.
Berggruen purchased the site for roughly $45 million last year from community developer Castle & Cooke. The project is likely to be completed in five years, according to the Los Angeles Times. [Curbed] – Naiwen Tian