Miami’s ica acquires historic de la cruz building for $25m answer: title

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ICA Miami doubles its size with new acquisition in Wynwood.

The Acquisition and Expansion

The Institute of Contemporary Art Miami (ICA Miami) has made a significant move in its history by acquiring a building that will double its current size. The building, previously occupied by the de la Cruz Collection, a defunct art space, has been purchased by the museum. This acquisition marks a major milestone in the institution’s growth and expansion plans.

The De La Cruz Collection: A Legacy of Artistic Innovation

The De La Cruz Collection was a renowned art space in Miami that played a significant role in promoting contemporary art and fostering a vibrant art community. The collection was founded by Rosa de la Cruz, a visionary artist and philanthropist, who dedicated her life to supporting emerging artists and showcasing innovative works.

Early Years and Expansion

The De La Cruz Collection was established in 2009, and during its early years, it quickly gained recognition for its unique approach to art curation. The collection’s founders, Rosa de la Cruz and her husband, Carlos, were passionate about providing a platform for artists to showcase their work and connect with a wider audience. Key features of the collection’s early years included: + A focus on showcasing emerging artists and their innovative works + A commitment to fostering a vibrant art community in Miami + A unique approach to art curation, which included collaborations with artists and curators

The Collection’s Impact on the Art Community

The De La Cruz Collection had a profound impact on the art community in Miami, and its influence can still be felt today.

The collection, which included works by artists such as Picasso, Matisse, and Miró, was seen as a vital resource for local artists and students.

The Controversy Surrounding Carlos’ Decision

The decision to auction off the collection was met with widespread criticism from the city’s art community. Many felt that Carlos had made a grave mistake, one that would have far-reaching consequences for the city’s artistic landscape. Some argued that the collection was not just a valuable asset, but a vital part of the city’s cultural heritage. The collection included works by some of the most renowned artists of the 20th century, including Picasso, Matisse, and Miró. The collection was seen as a vital resource for local artists and students, providing them with access to high-quality art and inspiration.

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