L.A. Lands $1 billion Lucas Museum

The L.A. Times reported Tuesday that "after months of intense speculation, George Lucas’ Museum of Narrative Art on Tuesday chose Los Angeles as its home over San Francisco."

Mayor Eric Garcetti personally led the campaign to bring the museum to L.A., bringing together businesses, non-profits, and state, county and city government.

The museum represents a $1 billion investment, will generate 10,000 construction jobs and at least 1,000 permanent jobs, not to mention the economic activity generated by the visitors it will attract from across the globe.

Mayor Garcetti expressed his gratitude to George and Melody Hobson today: “Art exists to inspire, to move, to educate, and to excite. Thanks to George Lucas and Mellody Hobson, millions of Angelenos and visitors will enjoy an extraordinary collection anchored in storytelling — an art that carries so much meaning in the history and legacy of Los Angeles.

"L.A. is gaining a new jewel with the breathtaking Lucas Museum of Narrative Art ... I am deeply grateful to Melody and George."