Invest: Miami speaks with Eduardo Costantini, CEO, Consultatio
One reason for Consultatio’s interest in expanding to Miami is the growing arts culture the city is experiencing at the moment. Part of the driver for the area’s transformation into an international destination has been the emergence of a more sophisticated local art scene, catalyzed by the annual Art Basel Miami Beach event.
In wealthy economies, there is a correlation between the promotion and expansion of art and the growth and strength of the economy. Miami continues to impress with its arts offering, but it still needs to cultivate and develop strong permanent collections at its Arts museums, while maintaining top level temporary collections. It takes time to develop this, but Miami will get there and at that time, it will be able to consolidate its artistic assets with the attractions of its fine restaurants, boat shows, musical events and fashion industry.
Moreover, Miami can also take advantage of the rise in visibility of Latin American art in a way Museo de Arte Latinoamericano (MALBA) couldn’t when I founded it in 2001. The artistic interplay between Latin America, the U.S. and Europe is more dynamic now than it was 20 years ago because of the increase in globalization. The artistic world has also become more receptive and major museums are displaying Latin American art.