The 555 Gallery and Studios in southwest Detroit wants to sell the 7-by-8 artwork recovered from the Packard Plant by Banksy, the mysterious and renowned British street artist, Steve Neavling reports on Motor City Muckraker.
The gallery sees a sale of the 1,500-pound cinder-block wall as a way to finance new education programs, provide more studio space and ultimately invest more in budding local and visiting artists, volunteers said publicly for the first time in an interview with Motor City Muckraker.
“The Banksy isn’t our identity,” volunteer executive director and co-founder Carl W. Goines told us. “Our focus has always been on giving artists and others an opportunity to create and grow. We can better serve the community that way.”
The value of the piece could exceed $500,000, which is more than a businessman paid for the Packard Plant late last year.