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Originally Posted by Justin_Chicago

Chicago to vie for George Lucas' museum

Billionaire "Star Wars" creator George Lucas, who wants to establish a major museum to house his significant art and movie memorabilia collection, is considering Chicago as the location after plans for his $300 million Lucas Cultural Arts Museum stalled in San Francisco.

Mayor Rahm Emanuel wants the museum and is expected to create a task force of community leaders to identify potential sites. The city will submit a proposal to Lucas in the coming months, said David Spielfogel, a senior adviser to Emanuel.

Lucas' institution, excitedly identified by one San Francisco publication as "a world-class museum of the digital arts," would house a collection that includes valuable Norman Rockwell paintings, examples of the Hollywood special effects he pioneered at Industrial Light & Magic, and memorabilia such as a scale model of the Millennium Falcon, the fictional spacecraft commanded by Han Solo.


Article: http://www.chicagotribune.com/busine...881F9245367I5X

That would be huge.



Some key points from the article. I was going to post this in the business section because of the economic effects.

Lucas' institution, excitedly identified by one San Francisco publication as "a world-class museum of the digital arts," would house a collection that includes valuable Norman Rockwell paintings, examples of the Hollywood special effects he pioneered at Industrial Light & Magic, and memorabilia such as a scale model of the Millennium Falcon, the fictional spacecraft commanded by Han Solo.

The decision to consider Chicago reflects Lucas' recent commitment to the city. The 69-year-old filmmaker, who is worth an estimated $5 billion, is married to Chicago investment executive Mellody Hobson.

Lucas has been living part time in downtown Chicago.

In the past year, Lucas and Hobson have committed $25 million each to two local, education-focused charities: the University of Chicago Laboratory Schools and After School Matters.

"The city of Chicago has enthusiastically welcomed me and I consider Chicago to be my second home," Lucas said in a statement. "I look forward to working with community leaders to see if Chicago can become home to the Lucas Cultural Arts Museum."

... Emanuel has been pursuing Lucas' collection for months.

...

Among the centerpieces of the collection are works by painter and illustrator Maxfield Parrish and Rockwell, which, when combined with Lucas' friend Steven Spielberg's Rockwell collection, packed the galleries of the Smithsonian American Art Museum in 2010.


"We're not talking about your grandfather's old museum," Perry said. "We're talking about a museum that is going to stretch the boundaries of the museumgoing experience."

The museum would be built and endowed without taxpayer support, Spielfogel and Perry pledged. When pressed whether the gift of public land would be deemed "taxpayer support," Perry responded that it would depend on Chicago's offer.

...

Lucas has said the museum would receive a $400 million endowment over time.


...

Should Chicago win the museum, Perry said the institution would need to grow in size to make up for the loss of current, off-site storage in San Francisco. He also said previous architectural renderings would be tossed and the design process would start anew.

"I really do want to stress from the beginning, we're not trying to play funny with words and say we may come back at you for this tax, or for this request for money," Perry said. "This is a gift of philanthropy in the style of a Rockefeller, a Carnegie, a Mellon or a Smithson (the founding donor of the Smithsonian Institution). This is a sort of once-in-a-lifetime gift of philanthropy that this country hasn't seen from a cultural perspective in many, many decades."

Chicago would seem to have some advantages over San Francisco, namely greater tourism traffic. Chicago set a record in 2012, the most recent year for which annual figures are available, with 46.37 million visitors. Emanuel recently increased the city's goal to 55 million visitors annually by 2020, up from 50 million.

The city of San Francisco attracted 16.51 million visitors in 2012, according to the San Francisco Travel Association.

"I think Chicago has a diversity of communities and level of accessibility that is unparalleled in the country," Spielfogel said. "We've got a larger, more vibrant city that would allow for a bigger audience, and we have a very supportive government who sees the potential for this to help on a local and international level."

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