The Louvre in Abu Dhabi will be located on Saadiyat Island’s new Cultural District, and it will be the world’s largest single concentration of premier cultural institutions. It did cost the U.A.E. $520 Million and the U.A.E. will pay another $727 Million to France for art loans, exhibitions and management advice.
Wealth is Culture but at what price? It would seem as if it hit the Arabs for a price well over a billion and change, pretty hefty pricetag for a building that looks like a spaceship. It was designed by French architect Jean Nouvel, and it should open in 2013.
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