{"id":11122,"date":"2025-01-19T04:57:46","date_gmt":"2025-01-19T10:57:46","guid":{"rendered":"https:\/\/citystuff.com\/chicago\/?p=11122"},"modified":"2025-01-19T04:57:46","modified_gmt":"2025-01-19T10:57:46","slug":"7-billion-development","status":"publish","type":"post","link":"https:\/\/citystuff.com\/chicago\/2025\/01\/19\/7-billion-development\/","title":{"rendered":"$7 Billion Development"},"content":{"rendered":"<h1>$7 Billion Development Near United Center Set to Transform Chicago\u2019s West Side<\/h1>\n<h2>Plan Clears First Hurdle with Unanimous Approval from Chicago Plan Commission<\/h2>\n<p>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&#8217;s address, the proposal promises to transform the West Side by replacing parking lots with a bustling mix of homes, businesses, and entertainment venues.<\/p>\n<h3>First Phase Details<\/h3>\n<p>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.<\/p>\n<h3>Alderman&#8217;s Praise<\/h3>\n<p>Alderman Walter Burnett, whose 27th Ward includes the site, praised the project&#8217;s potential. &#8220;This is a huge project to give people hope that there&#8217;s life in the city of Chicago; there&#8217;s life on the West Side, and it&#8217;s going to drive more development on the West Side,&#8221; Burnett said.<\/p>\n<h3>Funding and Scope<\/h3>\n<p>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.<\/p>\n<h3>Concerns Over Affordable Housing<\/h3>\n<p>However, not everyone is satisfied with the timeline for affordable housing. &#8220;I&#8217;ll probably be retired by the time they get around to building those affordable units. That&#8217;s too late for me,&#8221; said Kimmie Jordan, a downtown hospitality worker, during Thursday&#8217;s hearing.<\/p>\n<h3>Mixed Reactions from Community<\/h3>\n<p>The project sparked mixed reactions during community meetings over the summer. While some residents raised concerns about gentrification, others expressed optimism about the changes.<\/p>\n<h3>Community Support<\/h3>\n<p>&#8220;We&#8217;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,&#8221; said Will Edmondson of the James R. Jordan Boys and Girls Club of Chicago.<\/p>\n<h3>Transformational Development<\/h3>\n<p>Alderman Gil Villegas of the 36th Ward called the project &#8220;transformational.&#8221; He added, &#8220;We&#8217;re talking about making sure that the community that has lived there for years are going to stay there. But, we&#8217;re also talking about near-side communities, as well. They&#8217;re going to benefit.&#8221;<\/p>\n<h3>Job Creation and Next Steps<\/h3>\n<p>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.<\/p>\n<h2>Conclusion<\/h2>\n<p>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&#8217;s supporters are optimistic about its potential to revitalize the community.<\/p>\n<h2>FAQs<\/h2>\n<p>* What is the 1901 Project?<br \/>\n  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.<br \/>\n* When is the project expected to begin?<br \/>\n  Construction could begin this summer if the project receives final approval from the City Council.<br \/>\n* How many jobs will the project create?<br \/>\n  Developers estimate the project will create thousands of jobs.<br \/>\n* What percentage of the residential units will be affordable housing?<br \/>\n  20% of the residential units will be affordable housing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>$7 Billion Development Near United Center Set to Transform Chicago\u2019s 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&#8217;s address, the proposal [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":11123,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[17],"tags":[],"class_list":{"0":"post-11122","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"jetpack_featured_media_url":"https:\/\/i3.wp.com\/chicagodefender.com\/wp-content\/uploads\/sites\/4\/2025\/01\/1901-Project.jpg?w=1200&resize=1200,675&ssl=1","_links":{"self":[{"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/posts\/11122"}],"collection":[{"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/comments?post=11122"}],"version-history":[{"count":1,"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/posts\/11122\/revisions"}],"predecessor-version":[{"id":11124,"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/posts\/11122\/revisions\/11124"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/media\/11123"}],"wp:attachment":[{"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/media?parent=11122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/categories?post=11122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citystuff.com\/chicago\/wp-json\/wp\/v2\/tags?post=11122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}