Lucy the Elephant Secures $5.4 Million Tax Credit for Restoration and New Visitors Center

a large, multi-story historic wood and metal building shaped like a giant elephant, situated in a coastal town park, surrounded by temporary construction fencin

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  • calendar_today October 26, 2026

Lucy the Elephant Awarded Major Tax Credit for Site Improvements

Lucy the Elephant, the iconic 64-foot-tall historic landmark in Margate, New Jersey, is set to undergo significant restoration and expansion after receiving a $5.4 million tax credit from the New Jersey Economic Development Authority. This funding will support new site improvements, including an interior renovation, a new visitor and interpretive center, and upgrades to the surrounding park.

Tax Credit Enables Long-Planned Restoration Project

The tax credit, approved unanimously, marks a key milestone in the effort to update and preserve Lucy the Elephant. According to a site announcement on social media, the improvements will help maintain the landmark for future generations and create a visitors center for "one of New Jersey's most beloved landmarks."

Groundbreaking and Construction Timeline

Groundbreaking on the project is expected to begin in April, with construction planned for completion by mid-2028. These changes will include accessibility improvements, providing access to people with disabilities—a goal the site has pursued for two decades.

Funding History and Community Support

The campaign to restore and expand Lucy the Elephant and its facilities has spanned years. In 2025, the Save the Lucy Committee secured $800,000 in funding, combining a $300,000 state grant and $500,000 from the National Park Service's Save America's Treasures program. However, the federal funds were later revoked by President Donald Trump’s Department of Government Efficiency. In response, Lucy's supporters rallied to raise $200,000 in private donations and obtained another $350,000 after reapplying for a government grant in March to continue the restoration project.

Recent Site Changes and Planned Upgrades

To make way for the new interpretive center, the 50-year-old gift shop outside Lucy was demolished in June 2025. Planned site improvements include park upgrades and further infrastructure modernization, ensuring the national historic landmark remains accessible and educational for visitors.

A Rich History as a National Historic Landmark

Lucy the Elephant is the last remaining of three elephant-shaped buildings designed by Philadelphia real estate developer James Lafferty. Erected in 1881, she was saved from demolition in the 1960s when she became a city-owned property. In 1976, Lucy was designated a National Historic Landmark. She also underwent a $2.4 million restoration in 2022, receiving a new metal exterior to preserve her historic features and charm.

Looking Ahead

With the newly awarded $5.4 million tax credit, Lucy the Elephant's future as a treasured destination is being further secured. The upcoming improvement projects and visitor center will help ensure this Jersey Shore attraction remains a celebrated piece of New Jersey history for generations to come.

Source: phillyvoice.com.