That looks like somebody dumped a pile of cardboard there (though it's probably not made of cardboard).
We had a similar problem in my city a few decades ago. For the province's 75th anniversary, the major cities were given $75,000 to put in commemorative art around the city. We had a bunch of really dumb people on City Council at that time, so they opted for 5 metal sculptures.
Four of them were rust-colored, and were meant to "rust naturally". They were abstract, with sharp angles (concerns were voiced about the risk of injury if kids played on them), and put in some really inappropriate places... like on a prominent hillside between the two main roads leading to the malls on the north end of town. The first time I saw it, it looked like the remains of a traffic accident.
People hated the rust colors, so the art teacher at one of the high schools decided to do something about it: In the middle of the night, he and a few of his students sneaked over to it and painted it a nice, light blue (a little lighter than sky-blue). The Council was furious, the cops were furious, and the artist was livid. It was quite awhile before the art teacher 'fessed up to being the instigator, but the community response was "Thank goodness we don't have to look at a pile of rust on the hillside anymore." The sculpture was left blue, and finally removed and put somewhere else.
The fifth sculpture wasn't too bad. It was a cityscape, painted white, and put in one of the older parts of town. It's still there to this day. The others have all been removed to whatever "rusty art" place they're in now. I don't know where, and don't care, as long as I don't have to look at them. What a waste of money.