Pace Gallery Closes in Palo Alto After ‘Consolidating’ on West Coast – ARTnews.com

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Having just lately opened a brand new flagship in Los Angeles, Tempo Gallery mentioned it will shut its house in Palo Alto, California, which it had operated since 2016.

The Palo Alto location, which was once sited about an hour out of doors San Francisco, was once advertised as Tempo’s try to faucet a Silicon Valley collector base. When it first introduced the distance there, Tempo were tapping momentum spurred through the hole of the San Francisco Museum of Trendy Artwork’s growth.

Tempo’s Palo Alto gallery will shut in September, on the finish of the run of a Brice Guibert display that includes a number of large-scale artwork.

In a commentary pronouncing the closure, Tempo attributed shuttering the Palo Alto house to “consolidating our operations at the west coast,” referencing the 15,000-square-foot L.A. gallery that Tempo received when it merged with Kayne Griffin, probably the most town’s main galleries. Tempo opened that house in April, simply after different dealerships, together with Lisson and David Zwirner, introduced plans to open within the town. Tempo has additionally just lately expanded its presences in Seoul and London.

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Some of the artists to have proven at Tempo in Palo Alto was once the art-and-tech collective teamLab. Extra conventional artists, together with sculptor James Turrell and painter Agnes Martin, have additionally been the topic of exhibitions there.

Previous to opening an everlasting house in Palo Alto, Tempo had introduced a pop-up house at a Tesla dealership in 2014 within the within sight town of Menlo Park. One of the most exhibitions there was once a teamLab display, which aroused suspicion amongst some as it got here with a $20 admission price, a rarity for a gallery display.

“The engagement of Palo Alto’s generation business has had an enormous and lasting affect on Tempo Gallery at a world degree,” Tempo mentioned in its commentary on Tuesday. “Palo Alto additionally represented the acceleration of our paintings with experiential artists, the place we have been ready to experiment with new concepts and discover new views on how artwork shall be made and displayed sooner or later.”

When Tempo opened in Palo Alto, some voiced issues that Silicon Valley consumers would now not essentially apply. In 2017, Artnet Information ran an article known as “Is the Elusive Tech Collector Actual? Now not Somewhat But, Sellers Say” during which sellers in a couple of towns recounted failed makes an attempt to courtroom creditors within the tech business.

Marc Glimcher, president of Tempo, spoke with a bit of luck on the time about Palo Alto, claiming that 15 % of the gallery’s earnings got here from its gallery in that town. “You must earn agree with through creating a dedication,” he informed Artnet.