Hip-hop is getting its very own museum.

With the influence hip-hop has had on New York City, it is only fitting that Harlem, the home of hip-hop and its many stars would be the place to host an exclusive museum dedicated to the genre and its impact on culture of today.  It will also be paying homage to hip-hop legends like Grandmaster Flash, Salt-N-Pepa, and OutKast. Come 2018 and hip-hop royalty will have a permanent keepsake of some of their most iconic moments.

Called the Hip-hop Hall of Fame, the project has been given the go ahead with phase one of development to include a museum space, a café, gallery, visitors bureau and gift store.

The project is been spearheaded by Hip Hop Hall Of Fame, who are looking to raise $150 million for the development with the hopes of completing the project in the coming months.

As part of the second phase, a hotel, second museum space, shopping mall, concert arena, arcade and sports bar is to be added at a later date. This will take the building to 20 stories.

Credits: Marriott Traveler

The museum will “offer important and unique documentation of hip hop’s development and its impact on social trends.”, according to the press release. It also says, “The HHHOF will also have an educational component to the program that enables 25,000 NYC public school children per year to visit the facility on field trips with museum tours. ”

“The HHHOF facility will produce hundreds of permanent and part time jobs, and provide job training, valuable internships, and community volunteer opportunities, with a goal to host up to 100+ live events, shows, concerts, and educational programs annually for people of all ages.

“It is estimated to contribute approximately a $350M socio-economic impact to New York City and the Tri-State region annually when phase II of the development is completed.”