A new Pacific Standard Time initiative titled "Pacific Standard Time: L.A./L.A. (Los Angeles/Latin America)," scheduled to open in 2017, has been announced by the J. Paul Getty Trust. The project, which will involve a large number of museums and other cultural organizations across Southern California, plans to explore the artistic link shared by Los Angeles and Latin America, as well as larger issues such as the Latin American diaspora and the history of cultural exchange between countries in the region.

The inaugural initiative, "Pacific Standard Time: Art in L. A., 1945–1980," ran October 2011 through April 2012, and brought together 60 partnering institutions across Southern California in a collaboration of unprecedented size. The Getty Foundation provided more than $11 million in grants in support of the project's 68 exhibitions, dozens of events and week-long performance and public art festival. Many galleries also held programs and exhibitions in connection with PST, and more than 40 related publications dealing with the origins of the Los Angeles art scene were released.

For PST's second iteration, the Getty will once again offer grants to participants in two phases: research and implementation. With the preliminary planning stage beginning, the Getty has invited a small group of partnering institutions to apply for research funding. More organizations will be given the opportunity to compete for grant money in the early summer months.

In a press release, Getty president and CEO Jim Cuno spoke about the new PST theme, saying "ever since its founding in 1781 as El Pueblo de Nuestra Señora la Reina de los Ángeles, our city has had deep roots in Latin America making it a nexus of cultural creativity between North and South. In the collaborative spirit of the initial Pacific Standard Time initiative, the topic was developed as a result of discussions with the directors of all four Getty programs and our key planning partners. This renewed collaboration by the Pacific Standard Time partners creates the opportunity for a concentrated examination of Latin American visual arts in all their diversity."

In order to bridge the gap between the two major PST projects, the Getty has prepared a smaller collaborative effort, "Pacific Standard Time Presents: Modern Architecture in L.A.," with 11 exhibitions and dozens of events set to run April to June of this year.