The Reinsdorf family, which owns the Chicago Bulls, and the Wirtz family, which owns the Chicago Blackhawks, announced what they said is the largest private investment ever on Chicago's West Side, with the goal of making it a world-class destination.
CHICAGO â Chicago 's West Side is about to undergo some significant changes as the owners of the United Center announced plans to transform the neighborhood around their venue. The project is described as ambitious and expensive.It's called the 1901 Project, referencing the United Center 's current address along Madison Avenue. Anyone who has ever been on the West Side of town knows about the United Center and the parking lots surrounding it.
Renderings unveiled Tuesday outlined the significant upgrades planned for the West Side, which would utilize parking lots and other surrounding properties.The development includes a 6,000-seat theater-style music hall, innovative greenspace providing 10 acres of public recreational and community space, multiple dining and retail options, and approximately 5,000 mixed-income housing units.'We have committed to a minimum of 20% affordable as part of that,' Savarise said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
United Center owners unveil private investment in Chicago's Near West SideUnited Center owners unveiled a proposed $7 billion private investment in Chicago's Near West Side.
Read more »
Second person charged in murder of retired police officer on Chicago's West SideSecond person charged in murder of retired police officer on Chicago's West Side
Read more »
1 man killed, 2 wounded in West Side Chicago shooting1 man killed, 2 wounded in West Side Chicago shooting
Read more »
Chicago police search for group who targeted 3 West Side businesses in ATM burglariesCPD seek group who targeted 3 West Side businesses in ATM burglaries
Read more »
Chicago police issue warning after recent smash-and-grab burglaries at West Side businesses: VIDEOIn the last two weeks, a group of burglars have broken through a security gate lock and smashed through the doors or windows of businesses to steal from their cash register or ATM, Chicago police said Friday.
Read more »
Rare tornado impacted Chicago's Near West Side and Loop Monday, NWS confirmsTornadoes don’t hit the city of Chicago very often, but weather officials have confirmed that an EF-1 tornado impacted the city’s Near West Side and Loop…
Read more »