Pace Gallery has announced that it will open a 9,000-square-foot space in London’s Mayfair neighborhood in October 2012. The building, which is owned by the Royal Academy of Arts, will be renovated by David Chipperfield. Pace president Marc Glimcher said in a statement, “We are delighted to take residence in 6 Burlington Gardens, in the heart of Mayfair and at the crossroads of the international art world. Pace’s expanded presence means we can reach the global audience that converges in London—from curators to collectors—but, most importantly, it enables us to better support our artists based in Europe and to present the work of important American artists in London, in some cases for the first time in decades.”