Pace Gallery Closes in Palo Alto After ‘Consolidating’ on West Coast – RisePEI

Having lately opened a brand new flagship in Los Angeles, Tempo Gallery mentioned it might shut its house in Palo Alto, California, which it had operated since 2016.
The Palo Alto location, which was sited about an hour outdoors San Francisco, was marketed as Tempo’s try to faucet a Silicon Valley collector base. When it first launched the house there, Tempo had been tapping momentum spurred by the opening 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 present that includes a number of large-scale work.
In an announcement saying the closure, Tempo attributed shuttering the Palo Alto house to “consolidating our operations on the west coast,” referencing the 15,000-square-foot L.A. gallery that Tempo gained when it merged with Kayne Griffin, one of many metropolis’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 metropolis. Tempo has additionally lately expanded its presences in Seoul and London.
Among the many artists to have proven at Tempo in Palo Alto was 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 a everlasting house in Palo Alto, Tempo had launched a pop-up house at a Tesla dealership in 2014 within the close by metropolis of Menlo Park. One of many exhibitions there was a teamLab present, which aroused suspicion amongst some as a result of it got here with a $20 admission charge, a rarity for a gallery present.
When Tempo opened in Palo Alto, some voiced issues that Silicon Valley patrons wouldn’t essentially observe. In 2017, Artnet Information ran an article referred to as “Is the Elusive Tech Collector Actual? Not Fairly But, Sellers Say” by which sellers in a number of cities recounted failed makes an attempt to court docket collectors within the tech business.
Marc Glimcher, president of Tempo, spoke optimistically on the time about Palo Alto, claiming that 15 p.c of the gallery’s income got here from its gallery in that metropolis. “It’s a must to earn belief by making a dedication,” he informed Artnet.