MT. PLEASANT, SC (WCSC) - Officials with the Patriots Point Development Authority board announced Wednesday the property has entered into an agreement with the Congressional Medal of Honor Society to develop a permanent landside location for the National Medal of Honor Museum on Charleston Harbor.
Leaders say the national attraction, which will be built near the ticket office, is a $100 million investment and will include amenities like nature trails.
"The National Medal of Honor Museum will play a pivotal role in transforming Patriots Point into a nationally prominent destination," said PPDA Chairman Ray Chandler. "No other community can claim this unique destination asset, with its powerful, heroic stories."
"We are honored that the Congressional Medal of Honor Society has recognized our unique mission and location." Chandler continued. "Every South Carolinian should be proud that the recipients of our nation's highest honor selected our state and Patriots Point as the home of their legacy."
Officials said the PPDA Board and the Congressional Medal of Honor Society will jointly seek Congressional designation of the site as the National Medal of Honor Museum.
Additionally, the National Medal of Honor Museum Foundation will hold a lease from PPDA for the property and will be responsible for raising funds to design, build and operate the museum. No operating funds from Patriots Point Development Authority will be used for construction or operation of the museum.
Officials say the project will also cost nothing for taxpayers.
The museum will be supported by a multi-million dollar hospitality and consumer component that will feature a world-class destination hotel with amenities, including a conference center, officials said.
Officials estimate that by the third year of its operation, the National Medal of Honor Museum will attract more than 200,000 visitors per year. For every 12,000 new visitors to Patriots Point, almost $5 million in incremental visitor spending in the Charleston community will be created.
"We fully expect that this project will serve as a catalyst for additional investments at Patriots Point," Chandler stated. "This will include both cultural and appropriate commercial and hospitality uses of the highest quality."
"We believe there is no better use for our property that will be universally embraced by the residents and leaders of Mount Pleasant, the Charleston area and our state," Chandler said. "We wish to express our appreciation to the Patriots Point Foundation for raising the funds to provide the study that led us to this vision."