For all its rich artistic tradition, Italy is lacking a single major museum devoted to contemporary art. “The absence of a high-profile contemporary art museum has been keenly felt, not least of all by Italian artists. [But] now, the wait might be over. In the spring, the city of Venice entered into a renewable 30-year agreement with François Pinault, 70, one of Europe’s most active art collectors.” Pinault is to develop a modern art museum at Dogana di Mare, “an extraordinary Renaissance-era customs warehouse.”