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Navy Pier gets $20 million private donation

Published: Thursday, July 17, 2014 11:32 a.m. CDT

CHICAGO — Chicago's Navy Pier is to receive a $20 million donation, one that officials say is the largest private gift in the attraction's history.

Navy Pier officials announced the donation on Thursday. It comes from the Polk family, which owned retail stores in the Chicago-area for decades. Navy Pier's Gateway Park will be named Polk Bros Park.

Officials say the Polk family money will pay for redeveloping the 13-acre entrance park. That will include performance lawns, a fountain and promenade.

Navy Pier marks its 100th anniversary in 2016. It attracts about 9 million people annually.

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