The billionaire filmmaker said the museum would house part of his movie memorabilia and art collection.
Chicago Mayor Rahm Emanuel is going to create a task force to look at potential sites for a George Lucas museum in Chicago, according to the mayor's office.
Lucas recently married longtime girlfriend and investment banker Mellody Hobson, who is a Chicago native. They have a home in downtown Chicago, and recently donated $25 million each to University of Chicago Laboratory Schools and After School Matters program.