$7 Billion Development Near United Center Set to Transform Chicago’s West Side
Plan Clears First Hurdle with Unanimous Approval from Chicago Plan Commission
The $7 billion development planned near the United Center has cleared its first hurdle with unanimous approval from the Chicago Plan Commission. Named the 1901 Project for the arena’s address, the proposal promises to transform the West Side by replacing parking lots with a bustling mix of homes, businesses, and entertainment venues.
First Phase Details
The first phase includes a 6,000-seat theater-style music venue and a 233-room hotel, both set to be built by 2028 on the lot south of the United Center. Plans also feature a parking garage with an elevated park and playground just west of the arena.
Alderman’s Praise
Alderman Walter Burnett, whose 27th Ward includes the site, praised the project’s potential. “This is a huge project to give people hope that there’s life in the city of Chicago; there’s life on the West Side, and it’s going to drive more development on the West Side,” Burnett said.
Funding and Scope
Funded by the owners of the Bulls and Blackhawks, the project will include retail spaces, parks, and up to 5,000 residential units, 20% of which will be affordable housing.
Concerns Over Affordable Housing
However, not everyone is satisfied with the timeline for affordable housing. “I’ll probably be retired by the time they get around to building those affordable units. That’s too late for me,” said Kimmie Jordan, a downtown hospitality worker, during Thursday’s hearing.
Mixed Reactions from Community
The project sparked mixed reactions during community meetings over the summer. While some residents raised concerns about gentrification, others expressed optimism about the changes.
Community Support
“We’ve seen firsthand the incredible impact that can be made when a community comes together and commits to ensuring bright futures for all of its young people,” said Will Edmondson of the James R. Jordan Boys and Girls Club of Chicago.
Transformational Development
Alderman Gil Villegas of the 36th Ward called the project “transformational.” He added, “We’re talking about making sure that the community that has lived there for years are going to stay there. But, we’re also talking about near-side communities, as well. They’re going to benefit.”
Job Creation and Next Steps
Developers estimate the project will create thousands of jobs. Next, the proposal heads to the Zoning Committee and then the full City Council, where a vote could happen next month. If approved, construction could begin this summer.
Conclusion
The 1901 Project has the potential to be a game-changer for the West Side of Chicago, bringing new life to the area and creating thousands of jobs. While some concerns remain, the project’s supporters are optimistic about its potential to revitalize the community.
FAQs
* What is the 1901 Project?
The 1901 Project is a $7 billion development planned near the United Center, promising to transform the West Side with a mix of homes, businesses, and entertainment venues.
* When is the project expected to begin?
Construction could begin this summer if the project receives final approval from the City Council.
* How many jobs will the project create?
Developers estimate the project will create thousands of jobs.
* What percentage of the residential units will be affordable housing?
20% of the residential units will be affordable housing.
