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Collector Adrian Cheng to Build Seventeen Malls in China with Art Exhibition Spaces

Billionaire Adrian Cheng, founder of the nonprofit K11 Art Foundation, has unveiled his plan to create seventeen new shopping malls in China that will also serve as exhibition and gallery spaces, according to Gareth Harris in the Art Newspaper. “We have nineteen projects planned under the K11 brand, all of which are in China,” a spokesperson for Cheng said. “When I say project, it includes mostly museum-retail art malls and also offices. Hong Kong and Shanghai are both in operation, so the remainder will be ready by 2020, and indeed, all will show art.”

In Cheng’s shopping centers in Shanghai and Hong Kong that are already up and running, pieces by artists such as Yoshitomo Nara, Damien Hirst, and Olafur Eliasson can be found throughout the store aisles.