Black Country Living Museum is looking to raise £20m for the expansion of its visitor attraction in Dudley, with the creation of 60 jobs.
The proposal is for a significant site development to create a world class visitor attraction welcoming 500,000 visitors per year by 2022.
The scheme includes a new visitor centre, and a 1940s-1960s style town complete with a pub. The plans would involve moving the Tipton Road entrance to Castle Hill and linking the site with attractions such as Dudley Zoological Gardens.