As the city progresses towards selecting a winner of the highly-scrutinized casino deal, more renderings and information have been revealed on the complexities of utilizing some of the city’s existing structures. The five bids submitted to the city last year span from near Goose Island to McCormick Place, come from three companies with hopes to create a gambling, dining, entertainment, and lodging destination that is unique to Chicago’s urban fabric. More in-depth initial information on all of the bids can be found in YIMBY’s previous updates from October and November of 2021.
New renderings and details have been revealed for the multiple casino bids in the city spread across various sites in the city. Elaborating on the initial information, we now have further numbers from all five and their temporary casino locations as part of a multi-year process to bring a gambling facility within city borders. The city has requested from developers a place-making gaming destination with lodging, dining, and entertainment that contributes to the urban fabric and focuses on partnerships with local minority organizations.
The City of Chicago has revealed five bids for the city’s first casino property from four different developers at various locations across the city. The bids represent the culmination of a multi-year process beginning in 2019 when gambling, including sports betting, was legalized within city limits. When bidding opened in April, it was met with mixed reviews from developers, however after a two-month extension of the deadline four applicants turned in their plans.