Rock & Roll Hall of Fame to break ground on $135 million expansion

The Rock & Roll Hall of Fame says it will break ground on its 50,000-square-foot, $135 million expansion next month.

Why it matters: The project, announced Tuesday, is intended to increase attendance and revenue for Cleveland's most prestigious tourist attraction.

• The Rock Hall says it draws a half-million visitors a year and generates an annual economic impact of $250 million.

Catch-up quick: The museum first revealed its expansion plan in 2020.

• Museum officials raised $135 million for the project — well above its initial target of $100 million — almost all from private donors.

Details: The project will expand the Rock Hall from 155,000 square feet to 205,000 square feet, including a 10,000-square-foot gallery for large traveling exhibits it couldn't previously house, including the Brooklyn Museum's David Bowie showcase in 2018.

• The expansion will also include 6,000 square feet for administrative offices, a state-of-the-art education center and a concert facility that can fit nearly 3,000 people.

Between the lines: The groundbreaking comes as the Rock Hall prepares to induct the class of 2023 at a Nov. 3 ceremony in Brooklyn, New York.

• The inductions will return to Cleveland in 2024 and be held here every other year moving forward.

What they're saying: "Thirty years after we broke ground on the original structure, we embark on this next chapter in the Rock & Roll Hall of Fame's legacy, including expanding the museum's world-class education and exhibition offerings," Rock Hall CEO Greg Harris said in a statement.

What's next: The Rock Hall will host a ceremonial groundbreaking on Oct. 5 with actual construction work to begin before November.

• The museum will remain open throughout the expansion, which is expected to be completed in mid-2026.