Hauser and Wirth Is Opening a Gallery in Monaco, Its Latest Expansion Into a Luxury Haven for the Ultra-Wealthy
The space opens on June 19 with an exhibition dedicated to Louise Bourgeois.
Hauser and Wirth is opening a new private viewing space in Monaco. The mega-gallery, which has opened a string of spaces outside of metropolitan capitals in recent years, is debuting the new Cote d’Azur gallery on June 19.
A show of work by Louise Bourgeois, titled “Maladie de l’Amour,” will inaugurate the space. The artist’s monumental bronze Spider from 1996 will take residence in the gallery’s gardens from June until September. Two large suspended aluminium sculptures from 2004 will be on view inside the new gallery.
The new venue will “play a part in the continuing revival of the art scene in Monaco,” says gallery president Iwan Wirth in a statement. The wealthy tax-haven city-state has long been a retreat for the ultra-rich. The opulent coastal town has been trying to establish a burgeoning art scene in recent years through events like Monaco Art Week and the fair Art Monte-Carlo.
Hauser and Wirth’s move to the 3,000-square-foot location also signals the gallery’s ongoing interest in gravitating to where its collectors live and work. It has expanded into luxury resort towns including Southampton, where it cut the ribbon on a space last summer, and St. Moritz, in Switzerland, where it opened in late 2018. It is also finalizing an “arts center” on the small island of Isla del Rey, off the coast of Spain in Menorca, which is set to open this summer.
“This is something we have always done,” Wirth says of the gallery’s growing footprint outside of capital cities. (Hauser and Wirth also opened a new space in Los Angeles in 2016.) “But it’s an even more important step given the impact of events over the last year during which we have sought out new ways to present and sell works of art.”
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