New casino downtown chicago

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Transit and automobile access is another key consideration.Ī location that experts say could fill the bill is Bronzeville’s vacant former Michael Reese hospital site just south of McCormick Place, but local Alderman Sophia King says that she and her constituents are firmly against the idea. If it ends up too far from downtown’s tourists and business travelers, it won’t generate the cash needed to dig the city and state of their respective financial holes. Spreading investment and economic opportunities beyond downtown was a key pillar of Lightfoot’s campaign, but the politician will need to find a sweet spot when it comes to building Chicago’s casino. The decision, however, will ultimately fall to newly elected Chicago Mayor Lori Lightfoot. Pritzker told the Sun-Times that he’d like to see the gambling facility located outside of the central business district in a “forgotten” area that hasn’t benefited from downtown’s construction boom.

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The biggest question on everyone’s mind: where will it go? Plus, it will share one-third of its tax revenue with the city to fund police and fire pensions. The new casino will be one of the largest in the state and features 4,000 seats at slot machines and gaming tables.

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A Chicago casino has been in discussion for years and now the plan is finally moving forward amid a flurry of new legislation including everything from a $45B infrastructure bill to legalized recreational cannabis.

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