MEDIA CONTACT Catharine Flagg by wmf18501

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									                     2801 Swiss Avenue, Dallas, Texas 75204 • t 214.821.2522 • f 214.821.9103 • info@thecontemporary.net




FOR IMMEDIATE RELEASE                                          MEDIA CONTACT: Catharine Flagg
                                                                            The Buzzell Company
                                                                            214/219-9191 office
                                                                            cf@buzzellco.com


      DALLAS CONTEMPORARY PURCHASES NEW HOME
   NEAR TRINITY RIVERFRONT AND DALLAS DESIGN DISTRICT

DALLAS (June 26, 2007) - A 1950's-era sheet metal plant will be transformed into a new
home for Dallas Contemporary (www.thecontemporary.net), art space officials announced
today. The plant, located at 161 Glass Street, just off Industrial Boulevard, was purchased by
the Dallas Contemporary in the first phase of a campaign to move the art space from its
current location in the Wilson Historic District.
       "Dallas Contemporary is an important incubator for new artists and new ideas,
complementing missions of the more conventional museums by making sure Dallas, like
every great city, always stays in tune with emerging trends in the art world," said Tom Lind,
board president, Dallas Contemporary. "With the new Dallas Contemporary as its
centerpiece, this section of the Trinity Riverfront could grow into Dallas’ version of
Manhattan’s Soho and Chelsea gallery districts.
       Nationally-recognized architect Edward Baum, former dean of the School of
Architecture at the University of Texas, Arlington, will oversee conversion of the old
building, taking the structure from one that housed metal fabricators and sprinkler
manufacturers to a modern art center. The space will be converted to showcase exhibitions,
both indoor and out, offices for the gallery staff, rooms for educational programs, and an
artist-in-residence studio. The new art space will be housed in 12,000 square feet. The
additional 24,000 square feet will be leased to design-related businesses.
                                                  -more-
Dallas Contemporary Purchases…
Page Two



        "This is a great building, and as an architect, Edward Baum really understands what
Dallas Contemporary is trying to do," said donor and building committee advisor Dan
Boeckman, partner, Museum Tower. "His design takes advantage of this distinctly urban
space, capturing the spirit of the neighborhood, yet keeping the whole project within a budget
that's realistic for a relatively young institution."
        The Glass Street neighborhood, one block south of Oak Lawn, on the edge of the
Dallas Design District, has recently gained new attention from developers. Old warehouses
are being turned into loft apartments, contemporary art galleries and design firms to create a
unique and eclectic neighborhood.
        Michael Ennis, Texas Monthly art critic, says, “The Design District is going to
happen, and bringing Dallas Contemporary to the area will take the district to the next level.
Every major city in the world today has a contemporary museum, in addition to its general,
encyclopedic museum.”
        The Dallas Contemporary, founded in 1981 as D'Art , began life as a place for area
artists to exhibit their work. For the past 26 years it has been housed in space provided by
The Meadows Foundation as part of their non-profit incubator program. The art space’s
long-term lease expires in 2009, and is non-renewable.
        "It’s time for Dallas Contemporary to spread its wings and fly the nest," said
Gwyneth Lloyd, Capital Campaign co-chair. "We have expanded our mission from giving
Texas-based artists a place to show their work to a world-class art center that showcases
emerging artists from all around the world and educates the artists of the future."
        "Our board did a wonderful job over the past two years, as they analyzed our problem
and looked for solutions," said Dallas Contemporary Director Joan Davidow. "First they
determined it would be more cost-effective to purchase an existing building, rather than
building something new. Then they found the perfect building in the perfect location. Now
we need to focus on securing the funds to complete the renovation and get this exciting new
art space up and running. What a gift it will be for the whole community to have such a
dynamic place to encounter and learn about art that's on the cutting edge."
                                               -more-
Dallas Contemporary Purchases…
Page Three

         Major donors kicking off the campaign include:
($250,000 + Initiators) Nancy & Tim Hanley, Allen & Kelli Questrom
($150,000 + Bridge Builders) Dr. Carol Mykolyk Riddick & Frank A. Riddick III
($100,000 + Luminaries) Priscilla Beshears Fund, The Boeckman Family Foundation, Joan
Davidow, Seth Davidow Philanthropic Fund, Karin & Jack Kinzie, Kathi & Tom Lind
($45,000 + Imagists) Dallas Foundation, Barbara & Don Daseke/Barbara Elliott Interiors,
Inc), Northpark Center, The Glazer’s Foundation, Betty J Sanders, Diane Sumoski & Lance
Rasbridge
($25,000 + Avant guardists) Anonymous; Goss-Michael Foundation/Kenny Goss, George
Michael, Joyce Goss; Karla & Mark McKinley; Jo Marie Lilly & Bruce Mueller
($5,000 Pointers) Anonymous, Baker Botts, LLB; Catherine & Sam Basharkhah, Leslie
Connally, Gregory Higgins, Claire & Steve Horn, Mike Kutner, Alan May & Alexandra
May, Gwyneth Lloyd & Chris Phelps, Dana Rosen, The Rosewood Foundation, Sara &
Patrick Sands, Eve Reid & Warren Weitman and Sam Yang
         NexBank will serve as the mortgage holder for the new space. “We are excited to be a
part of the development of this exciting new space for Dallas Contemporary,” said Rob
Kleifgen, assistant vice president in commercial lending for NexBank. “This organization fits
perfectly in the bank’s philanthropic program, which allows us to support the worthwhile
organizations in the Dallas community that truly make a difference.”

Dallas Contemporary serves as an incubator for new artists and new ideas and energizes and enriches the
community by presenting contemporary art that ignites critical thought and learning. Fifteen challenging exhibitions
yearly feature theme shows based on artists' ideas, solo shows by diverse artists, sculpture in the garden, and a
member artist chosen for the hall. Studio art classes and resource room for artists add to the mix ~ programs to
engage and educate fresh minds. Fun fundraising events include an annual Legends awards party to honor Texas
artists, arts professionals, and patrons and the Wish! Auction of hot Texas art. Visit the welcoming, high-ceilinged
galleries filled with natural light, currently located at 2801 Swiss Avenue. Open to the public free of charge
Tuesday-Saturday 10:00a.m. – 5:00p.m. For more information, call 214/821-2522 or visit
www.thecontemporary.net/.


About NexBank
NexBank, SSB, is headquartered in Dallas in the NexBank Building, Galleria II Tower. Originally founded in 1922,
the bank was purchased in 2004 by a group of Dallas-based investors, who have refocused the bank to become a
next generation leader in the financial services industry. NexBank has opened two new banking centers in 2007;
Plano and Downtown Fort Worth in addition to the two existing Dallas-Fort Worth centers. For more information,
visit www.nexbank.com.
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