Corcoran Gallery of Art Location Likely to Stay Corcoran Gallery of Art LocationPosted: June 7, 2012
onday, the Corcoran Gallery‘s board of trustees met to discuss and vote on selling the current gallery location and moving to a nearby DC location. DC land records value the building at $116.4 million, which may have something to do with the idea of selling. But developers in the area seem to agree it wouldn’t be a safe move.
Despite being a beautiful, historic building in a great location (500 17th St NW), it’s also old and ill-configured for transformation into offices, retail or residences, not to mention the lack of parking. It’s suspected that if in fact the gallery was sold, it would have to be to another cultural or gallery-like use. But seeing as the location has for so long been associated with being the home of the Corcoran Gallery, chances are the question may not even get to be raised.