Jeff Koons’s $25 Million Artwork
Jeff Koons is working on the largest and most ambitious project of his career: a towering sculpture consisting of a life-size motorised replica of a locomotive dangling from a crane. According to the Art Newspaper, the Los Angeles County Museum of Art (Lacma) is funding the awesome work that will rise above the entrance plaza like a memorial to the Industrial Age technology that fuelled America’s westward expansion. The project, in development for two years, is about to move into the fabrication stage. The price tag? “We’re talking about a $25m work,†said the artist, speaking at The National Arts Club in New York, which recently awarded him the organisation’s Gold Medal of Honour.
