06/16/2010 05:12 am ET | Updated May 25, 2011

Eli Broad's Museum Won't Be In Beverly Hills

It now looks as if the museum Eli Broad wants to build to house his 2,000-piece contemporary art collection is going to land in Santa Monica or at Grand Avenue and 2nd Street in downtown Los Angeles, literally a stone's throw from Walt Disney Concert Hall.

Culture Monster received this notice of surrender just now from a city spokeswoman in Beverly Hills, saying the city has "other project priorities" for its money than buying Broad a site for his museum.

Read more on Los Angeles Times