The hotel that famously inspired Stephen King to write his 1977 classic "The Shining" plans to celebrate that achievement by opening a horror-themed museum.

According to the Los Angeles Times, the Stanley Hotel in Estes Park, Colorado, seeks to build the Stanley Film Center, which would include an auditorium, a museum, a film production studio and a film archive. It would operate as a nonprofit, with actors Simon Pegg and Elijah Wood listed among the founding members of the board.

However, the Stanley Film Center is asking for $11.5 million of Colorado tourism funds -- slightly less than half of what the project is estimated to cost -- to create a "year-round horror destination."

Considered by some to be haunted, the 140-room hotel was built in 1909 by American businessman F.O. Stanley, co-founder of the Stanley Motor Carriage Company. King and his wife Tabitha visited the hotel in 1974, where they found themselves to be the only guests in the sprawling structure.