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TIDA approves temporary loan of five Miguel Covarrubias murals to Bank of Mexico's cultural foundation

Treasure Island Development Authority Board · March 12, 2025
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Summary

The Treasure Island Development Authority authorized a temporary loan of five murals by Miguel Covarrubias to Fomento Cultural Banamex for a Mexico City retrospective. Staff said the borrower will cover transport, insurance and installation costs; the loan was reviewed by the city attorney and the risk manager.

The Treasure Island Development Authority on March 2025 approved a temporary loan of five panels from Miguel Covarrubias's 1939 "Pageant of the Pacific" mural set to Fomento Cultural Banamex, the Bank of Mexico's cultural foundation, for a retrospective exhibition in Mexico City.

Peter Somerville, TIDA staff, briefed the board on the murals' provenance and condition, noting the authority owns five of the six original panels and has long sought opportunities for public…

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