The plan includes an arts education plan within Chicago Public Schools; the goal is for students at every grade level to have access to an art or music class.
Famed cellist Yo-Yo Ma joined Emanuel at the announcement.
"I think it's right in the middle of what the essential work of education is, which is to give our children a sense of [collaboration], flexibility, imagination and innovation," Yo-Yo Ma said.
Other parts of the city's cultural plan are already happening. They include setting up exhibitions and art installations at libraries, in schools, parks and other public spaces.