Looks like Mera and Don Rubell are set to open a new, 20,000-square-foot private museum, this one in Washington D.C. The art power-couple’s CACG Holdings partnered with development firm Telesis to snag a vacant building in Southwest Washington for $6.5 million, according to the Washington Post. The new development, which sits across the street from the Rubell-owned Capitol Skyline Hotel, will include a hotel and residencies, in addition to the museum.
The site was formerly owned by the Corcoran Gallery of Art, which had plans to move its College of Art and Design to the location. According to the Corcoran’s chief operating officer Fred Bollerer, the sale became necessary when a deal with a developer fell through. The location had been purchased by the Corcoran in 2006 for $6.2 million. The search for a suitable location for its art school continues.
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