The Cleveland Museum of Natural History is partnering with the Port of Cleveland for renovation of museum’s facilities
Cleveland, OH (February 11, 2021) – The Port of Cleveland is proud to partner with the Cleveland Museum of Natural History, an Ohio nonprofit corporation and cultural, research and educational institution, by providing up to $75 million tax-exempt cultural facility bonds to assist with the financing of costs of acquiring, constructing, renovating, expanding, equipping and improving the facilities of the museum.
“The Cleveland Museum of Natural History has a special place in the hearts of Clevelanders. For some, it’s the start of careers or new interests. For me, it was the site of the first date with my wife. Today, we are proud to approve this funding on behalf of our region,” said J. Stefan Holmes, a member of The Cleveland-Cuyahoga County Port Authority Board of Directors.
The museum’s continued commitment to Cleveland will create a positive impact in Cuyahoga County, Northeast Ohio and the State of Ohio. Currently, the museum employs 160 people, educates approximately 100,000 students per year and attracts over 300,000 visitors annually.
The funds raised through the bond issuance will help the museum expand these efforts with the addition of new education and collection spaces, the creation of a new visitor hall and new wing, the renovation of the existing exhibit space and existing building, upgrades to central utilities and other improvements to Museum facilities and related acquisitions.
In 2020, the Cleveland Museum of Natural History celebrated its 100th anniversary, honoring the integral role of the museum to the region’s quality of life, cultural and economic vibrancy, educational and scientific advancement, and as a leader in the region’s conservation and sustainability efforts.
Extending beyond the region, the museum has been recognized as a global leader in scientific research for the past century. With vast collections containing more than five million research specimens and artifacts, it is Ohio’s largest museum devoted to the natural sciences and one of the top 10 natural history museums in the United States.