Architecture Art Museums and Urban Developments. Analysis

Museums became “cultural cornerstones of urban revitalization, tourism efforts and catalysts for increased business and development endeavors”.
Great architecture as part of the museums corporate culture leads to the economic interest of business developments, which are likely to include museums to enhance activities, and to enrich the individual environment. Many discussions and surveys, as well as realized projects show that business developments are likely to become more effective when integrating cultural activities into their concepts.
But architecture and construction cannot be financed by the museum alone. Partnerships and the symbiosis with businesses, local governments, and professional developers has achieved major importance since the early 1990 s, and culminated in the last five years.

This paper is part of my master thesis (2001) “The Commercial Aspect of NPOs. The Restrucuring Effort of the The MAK-Austrian Museum of Applied Arts Vienna”. I dedicated this chapter to evolve my theory about the mutual benefit of the arts and architecture for the economy.