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It is well documented that history museums are very important to top communities. According to the <br />American Alliance of Museums,' "in determining America's Best Cities, Businessweek.com placed the <br />greatest weight on leisure amenities including density of museums, followed by educational metrics and <br />economic metrics...then crime and air quality." (2013) <br />The Main Street historic district — anchored by the Museum — will soon benefit from the new Gateway, <br />one block from the Museum. This places the Museum in a central role as one of the most important <br />amenities, along with the Library, for downtown leisure activity. With multiple buildings at present, and <br />more so when new construction enhances it, the museum offers that "density of museums" impact that <br />Business Week notes as key to quality amenities. <br />It will be in a position to become the natural starting point for visitors to Louisville: hence, <br />placing a visitor center in the new building is a natural win -win for the community. It will be the <br />natural staging place for downtown festivals and celebrations. <br />It will be the place that newer residents as well as multi - generational residents bring friends and <br />family to learn about Louisville history. <br />It will be the focal point for historic preservationists interested in the city's architectural past. It <br />will be one of the only civic facilities in downtown that can accommodate functions, weddings, <br />and meetings both indoors and on its campus. <br />It will be a place for parents of young children to bring their families for summer history day <br />camps and school vacation week drop -in history fun days. <br />Not least: it will because of all this have a significant economic impact on all of Main Street and <br />the Gateway, elevating retail and restaurant sales by encouraging residents and visitors to come <br />to Main Street more often and stay longer. <br />BEST PRACTICES: HISTORY MUSEUMS SIMILAR TO THE LOUISVILLE HISTORICAL <br />MUSEUM <br />History museums serve their communities through several vital functions that also contribute <br />significantly to the local economy. They derive their revenue streams and the support of those they <br />serve through what has become a larger portfolio of functions than in past decades. Traditionally, <br />history museums were viewed primarily as repositories for artifacts that told the history of place. <br />Increasingly, this central function is buffered with additional functions that complement and expand on <br />this: <br />They serve as visitor centers, the natural starting point for anyone seeking information on the <br />history of the community, its historic architecture, commerce, historic district(s), and for those <br />seeking information on retail, restaurants, leisure activities, and hotels. <br />They serve as educational centers, a partner with local schools and preschools, offering a <br />number of curriculum -based field trips for various grades. During the summer and school <br />vacation days, they offer day camps. They provide adult learning opportunities through hands- <br />The AAM is the national accrediting body for museums. <br />Page 1 6 Louisville Historical Museum Business Plan Recommendations <br />