The Bally’s plan is one of five proposals the city is considering. The second option is a $1.6 billion casino located on the South Lakefront near the recently approved Michael Reese mega-development.Ī rendering shows what a Bally’s casino planned for the McCormick Center site could look like. Credit: City of Chicago Bally’s Michael Reese Plan One would see a $1.8 billion casino built at the current home of the Chicago Tribune and its publishing center along the Chicago River.Ī rendering shows what a Bally’s casino planned for Tribune Publishing could look like. Here are the five proposals: Bally’s Tribune Publishing Center Planīally’s Corporation has two proposals. “All of the proposals truly value Chicago assets.” “Here are five great proposals that are all well over $1 billion worth of development, which will be highly stimulative to our economy,” Deputy Mayor for Economic Development Samir Mayekar said.

The ability to have Chicago’s only casino license will also be financial windfall to the winner, but top city officials sought to sell it as an equal win for Chicagoans and local neighborhoods during a conference call with reporters Friday morning.

Rivers Chicago at McCormick would use the 2,900 rooms already available at McCormick Place.Ĭonstruction of a casino will mean thousands of jobs and the gambling will result in millions in tax revenue to shore up the city’s underfunded police and fire pension obligations, city leaders said. The five casinos are being proposed for the Chicago Tribune printing site, the old Michael Reese site, near McCormick Place, at the One Central development near Solider Field and in the The 78 megadevelopment along the south branch of the Chicago River.Įach of the proposals, except the Rivers Chicago at McCormick proposed by billionaire Neil Bluhm, would include a new hotel.

Uptown, Edgewater, Rogers Park Open dropdown menuĬHICAGO - City officials unveiled the five finalist casino proposals Friday, giving Chicagoans a first look at what the city’s first casino could look like.

South Chicago, East Side Open dropdown menu.

Pilsen, Little Village, Back of the Yards Open dropdown menu.

Lincoln Square, North Center, Irving Park Open dropdown menu.

Lakeview, Wrigleyville, Northalsted Open dropdown menu.

Jefferson Park, Portage Park, Norwood Park Open dropdown menu.

Englewood, Chatham, Auburn Gresham Open dropdown menu.

River North, Gold Coast, Near North Side.

Bridgeport, Chinatown, McKinley Park Open dropdown menu.

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