The world's largest Latin American art museum, Nader Latin American Art Museum (NaderLAAMuseum), is underway, with a 2018 completion deadline. The $50 million project is headed by Gary Nader, a Dominican-Lebanese arts developer.

NaderLAAMuseum will be erected in Miami, and it aspires to be the foremost venue for showcasing Latin American artwork in North America. Since the age of 23, Nader has been working toward the goal of creating the largest Latin American art museum. He will use his private collection of more than 2,000 works by 190 Latino artists to anchor museum programing.

Also, Nadar plans to exclusively showcase Latin American artists, highlighting and celebrating creations composed by individuals from Argentina to Panama. The gallery will be dedicated to fostering knowledge through "a continuous process of appreciation and reinterpretation of modern and contemporary art from Latin American and its diaspora." Spanish and U.S. artists won't be represented.

The Hispanic Society of America, New York's Museo del Barrio and the Museum of Latin American Art in California are some of the institutions that preceded NaderLAAMuseum, showcasing a bounty of Latin artists, while promoting cultural transformation and community engagement. The permanent collection of contemporary and modern sculpture, photography, drawings, painting and other media, as well as itinerary exhibitions, will acquaint the public with Latin American art scenes. In addition to exhibitions, the cultural center will also present music, films and theater performance, and it will serve as a venue for upcoming Latin American Film Festivals.

NaderLAAM will be approximately 125,000 square feet, and the design plans include a 1,600-seat performing arts theater and restaurant that will occupy 25,000 square feet of the ground floor. Additionally, the 400-unit $300 million two-tower hotel and residential space, to be constructed by Nader, will fund the museum. Collectors with a love for art are expected to lease the apartments.