In a story published last week headlined "Eli Broad, Wal-Mart Heiress, Piano Lead Museum Boom," Bloomberg News' James S. Russell says the next few years will see a boom in new museums. Nothing new here, except his inclusion of Crystal Bridges Museum of American Art in his list of 11 significant new museums. Only CBMAA and the St. Louis Art Museum (also adding 200,000 square feet) don't disclose the total cost of museum construction. The article notes the Whitney is spending a cool $450 million on its new museum, slated to open in 2015 in New York's meatpacking district.
Would like to know the final price tag for Alice Walton's museum. Does $200 million sound close?