The Annenberg Space for Photography is an entirely new cultural destination dedicated to exhibiting both digital and print photography in an intimate environment. The space features state-of-the-art, high-definition digital technology as well as traditional prints by some of the world's most renowned photographers and a selection of emerging photographic talents as well.It's 10,000 square feet of photographic goodness. It's at 2000 Avenue of the Stars in Century City - on the former site of the Shubert Theatre. Hours are Wednesday through Sunday, 11am-6pm, closed Monday and Tuesday. The first exhibit is L8S ANG3LES, in which 11 prominent photographers give multidimensional looks at the city.
A very appreciative and thorough preview is available at PhotoInduced.
The home page for the Annenberg Space for Photography is over here.