The Lucas Museum of Narrative Art obtained unanimous approval from LA's Metropolis Council on Tuesday, after years of struggling to discover a residence.
"It will be a slam dunk," stated mayor Eric Garcetti forward of the decision.
Proposals for a futuristic constructing by Beijing studio MAD had been first put forward for Chicago in 2014, however ultimately blocked by native opposition teams.
San Francisco was also considered as a possible location, earlier than the museum's board settled on LA in January 2017.
The positioning is in the town's Exposition Park, near the Pure Historical past Museum, Science Middle and Coliseum. Parking tons and a soccer subject, which will likely be moved and upgraded, will make manner for the constructing.
The most recent iteration of MAD's design is a $400 million (£308 million) 5-storey construction with a sinuous kind.
Large arches will enable the general public to stroll beneath, whereas rooftop terraces will present further inexperienced area.
Garcetti described it as "one of many boldest items of structure we have seen in the world."
"[It's] an unbelievable establishment that can encourage generations to come back," he added.
Inside, the museum will include round 100,000 sq. toes (9,000 sq. metres) of galleries showcasing Lucas and spouse Mellody Hobson's private artwork assortment, in addition to memorabilia from Star Wars and different motion pictures.
"This isn't a conceit undertaking," stated Hobson. "That is one thing that can serve society nicely for years to come back."
Catering and academic services can even be included, whereas underground parking will accommodate 2,425 automobiles.
Many officials backed the decision to carry the museum to LA earlier this 12 months, hoping that the undertaking would re-enliven the world of the town, carry in jobs and appeal to vacationers.
Groundbreaking is now set for early 2018, with the grand opening at present anticipated in 2021.