The grand openings of the Los Angeles branches of European galleries Sprüth Magers and Hauser & Wirth (called Hauser Wirth & Schimmel), on 23 February and 13 March respectively, are sure to generate even more buzz about the booming Los Angeles art scene [...]
Some of the buzz is well earned, especially when it comes to cheaper downtown real estate and the great artists working and teaching here. But there is another strong incentive behind so many galleries making the move...
— The Art Newspaper
According to the Art Newspaper, LA's new gallery boom reflects market competition to represent the disproportionately sizable population of impressive, well-established artists who, for a variety of reasons, lack gallery representation in their hometown. The article also notes that while opening an LA satellite serves a defensive, even necessary move, the city has yet to develop a real, sustainable collector base.
For more on LA's ever-growing art scene, check out some past coverage:
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