The design of the new collection space will be unveiled during Miami Art Week. Berkowitz spent the past year working on the plans.
Architect Rene Gonzalez is designing the new building, replacing Arquitectonica. Engineer Bliss & Nyitray wrote earlier this year on Twitter that the structure would be four stories, but later deleted the Tweet.
All of the building will be devoted to art, and Bruce Berkowitz’s Fairholme Fund won’t be operating from there, Big Bubble wrote.