atic ▁achiev ement ▁in ▁the ▁contemporary ▁art ▁world ▁and ▁her ald ing ▁a ▁new ▁cultural ▁era ▁in ▁Los ▁Angeles . ▁Its ▁chief ▁exhibition ▁spaces ▁are ▁under ▁the ▁cour ty ard ▁level , ▁lit ▁from ▁above ▁by ▁groups ▁of ▁py ram idal ▁sk yl ights . ▁ ▁The ▁construction ▁and ▁$ 2 3 ▁million ▁cost ▁of ▁the ▁MO CA ▁Grand ▁Avenue ▁building ▁was ▁part ▁of ▁a ▁city - bro ker ed ▁deal ▁with ▁the ▁developer ▁of ▁the ▁$ 1 ▁billion ▁California ▁Pla za ▁re development ▁project ▁on ▁B unker ▁Hill , ▁B unker ▁Hill ▁Associ ates , ▁who ▁received ▁the ▁use ▁of ▁an ▁, ▁public ly ▁owned ▁par cel ▁of ▁land . ▁On ▁the ▁grounds ▁that ▁the ▁law ▁said ▁that ▁ 1 . 5 % ▁of ▁the ▁construction ▁costs ▁of ▁new ▁buildings ▁had ▁to ▁be ▁spent ▁on ▁fine - arts ▁emb ell ish ments , ▁MO CA ' s ▁board ▁of ▁trust ees ▁had ▁struck ▁a ▁deal ▁with ▁the ▁Community ▁R ede velop ment ▁Agency ▁to ▁have ▁the ▁project ▁developer ▁build ▁a ▁ 1 0 0 , 0 0 0 - square - foot ▁museum , ▁designed ▁by ▁an ▁architect ▁of ▁the ▁trust ees ' ▁choice , ▁at ▁no ▁cost ▁to ▁the ▁museum . ▁In ▁return ▁for ▁the ▁free ▁building , ▁the ▁ag ency ▁required ▁the ▁trust ees ▁to ▁raise ▁$ 1 0 ▁million ▁for ▁an ▁operations ▁end ow ment . ▁Original ▁plans ▁had ▁been ▁for ▁the ▁building ▁to ▁open ▁in ▁time ▁for ▁the ▁ 1 9 8 4 ▁Summer ▁Olympics . ▁However ,