 On 16 July 2014, the Mayor of Rijeka announced that the "Galeb" would be leased out for mixed use, partly as a museum incorporating the former President's private rooms and some of the engineering space, and partly for commercial activities such as restaurants and bars.Tenders for private sector investment were invited, but produced no response.Funding of EUR 4.5 million has now been secured as part of Rijeka's successful bid to become European Capital of Culture in 2020.