A new film museum backed by Sir Peter Jackson has been given the green light in Wellington.
It will be part of a $134 million convention centre located on the city's waterfront.
It will be a museum unlike any other, drawing from one of the most valuable collections of Hollywood memorabilia in the world.
Along with Sir Peter, the museum is supported by Weta Workshop's Sir Richard Taylor.
They'll be part of a group that will pump money into the venture, run through a new company called Movie Museum Limited.
The three-storey building on Cable and Wakefield streets will include a convention centre on the top floor, with a capacity for 2000 people.
Thousands of priceless props, models and set pieces will go into the museum on the bottom two floors. The whole complex is around 16,000 square metres.
"I think it's in the perfect place across the road from Te Papa," says Wellington Central MP Grant Robertson. "I think it will hugely add to the reasons for people to come to the city."
Wellington Mayor Celia Wade-Brown says Sir Peter and Sir Richard's popular war exhibitions show their talents can translate into exhibitions capable of drawing huge crowds.
"Both have been incredibly successful for Gallipoli [Sir Peter's Te Papa exhibition, Gallipoli: The Scale of Our War]," says Ms Wade-Brown.
Construction will start next year and is expected to be completed by 2018.
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