Bernardo Paz New Museum: US$195 Million Art Hub Near Inhotim

LIFE: Belo Horizonte Key Facts —Investment. Bernardo Paz has already invested R$1 billion (US$195 million) in the new museum complex. —Collection. The museum will house Paz’s private collection of roughly 3,000 contemporary artworks. —Location. It is being built on a large plot directly adjacent to Instituto Inhotim in Brumadinho, Minas Gerais. —Timeline. The first phase…