06/21/2010 12:19 pm ET Updated May 25, 2011

Eli Broad To Build Another Museum In Downtown LA

As a donor, client and behind-the-scenes power broker, Broad has had a hand in a remarkable number of high-profile buildings in Southern California during that period, including projects by Renzo Piano, Richard Meier, Cesar Pelli and Frank Gehry.

Broad hopes to add to that list by hiring a top-tier architect for a museum on Bunker Hill holding his own extensive art collection, the first art museum built downtown since architect Arata Isozaki's 1986 Museum of Contemporary Art. (As MOCA's founding chairman, Broad had a hand in that one too.) After a private competition, Broad is leaning toward a design by New York's Diller Scofidio + Renfro.