$300 million worth museum to be built in the memory of Michael Jackson.

A $300 million (£204 million) museum and arts centre dedicated to Michael Jackson could be built next year, according to his father Joe Jackson.

Gary Mayor Rudy Clay said the project would create thousands of jobs and, when finished, was expected to bring at least 750,000 visitors a year to the city. He estimated it would generate $100 million (£68 million) to $150 million (£102.37) in income for the community each year.

"This project will be the magnet that will draw people from all over the world," Clay said.

The money to build the Jackson Family Museum and Hotel and the Michael Jackson Performing Arts and Cultural Center and Theatres will come from investors and donations, Clay said.


After years of promises about the project but no action, residents were cautiously optimistic. People said they were hopeful because Wednesday's announcement was the furthest along the project has ever come, with the city's donation of 300 acres (120 hectares) of land.

Src: [telegraph]

$300 million worth museum to be built in the memory of Michael Jackson.