The Broad Museum set to open late 2014

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Los Angeles is welcoming a new art museum. The Broad will exhibit the most pronounced pieces of postwar and contemporary art worldwide. 

The 12,000-square-foot museum that sits across from the Walt Disney Concert Hall, is still under construction. 

And the vault-and-veil design concept will showcase more than 2,000 works.  

"If I don't mind saying so this is going to be a very iconic exciting piece of architecture called the veil and the vault." Eli Broad, the museum's founder, said. "The veil is going to be the exterior and it’s going to be very exciting. The vault is going to be where we store all of the art."