Current:Home > InvestBulls, Blackhawks owners unveil $7 billion plan to transform area around United Center-InfoLens
Bulls, Blackhawks owners unveil $7 billion plan to transform area around United Center
View Date:2024-12-23 17:28:30
CHICAGO (AP) — The owners of the NBA’s Chicago Bulls and NHL’s Blackhawks unveiled a $7 billion plan Tuesday to replace the parking lots surrounding the United Center with green space, mixed-income housing, a music hall and more.
The 1901 Project, touted as the largest private investment in Chicago’s West Side, is being spearheaded by the Reinsdorf and Wirtz families, who own the arena. It would be built in phases on more than 55 acres of privately owned land over about a decade-long period starting as soon as next spring if approved by the city.
“The 1901 Project represents a continuation of our families’ commitment to the future of Chicago’s West Side,” Bulls CEO Michael Reinsdorf said in a statement. “This investment will create a thriving, interconnected neighborhood, delivering significant benefits and resources to the community we have long called home.”
The first phase calls for a 6,000-seat theater, a multilevel parking facility with more than 10 acres of public green space on its rooftop, more pedestrian-friendly sidewalks and bike lanes, and hotel and retail space. Plans for future phases include housing “that spans various unit sizes and includes affordable, market rate and luxury housing” as well as transportation enhancements.
“While this is just the beginning, we have already started to engage with our neighbors and community partners to identify areas of opportunity for community wealth generation from this private investment,” Blackhawks CEO Danny Wirtz said in a statement. “We have a once-in-a-lifetime opportunity to expand on a legacy that makes all of Chicago proud.”
The 1901 Project bears some similarities to what the Ricketts family did with the area surrounding Wrigley Field about a decade ago. Along with the renovations to the famed ballpark, the owners of baseball’s Chicago Cubs replaced a parking lot with a plaza and constructed a hotel as well as a team office building.
The Chicago White Sox, also owned by the Reinsdorfs, are looking to move out of Guaranteed Rate Field on the South Side and construct a new stadium as part of a ballpark village in the city’s South Loop with green spaces, residences and businesses. The NFL’s Chicago Bears are trying to build an enclosed lakefront stadium next to Soldier Field as part of a reimagined museum campus, and they also own a 326-acre tract of land in suburban Arlington Heights that could also be the site of a future home. The two teams are seeking public funding for those projects.
___
AP sports: https://apnews.com/sports
veryGood! (91121)
Related
- COINIXIAI Introduce
- How to Watch the 2024 SAG Awards and E!'s Live From E! Red Carpet
- A hospital is suing to move a quadriplegic 18-year-old to a nursing home. She says no
- New Hampshire man convicted of killing daughter, 5, whose body has not been found
- Elton John Details Strict Diet in His 70s
- Dozens of Idaho obstetricians have stopped practicing there since abortions were banned, study says
- United flight diverted to Chicago due to reported bomb threat
- Behold, the Chizza: A new pizza-inspired fried chicken menu item is debuting at KFC
- Everard Burke Introduce
- SpaceX launches powerful Indonesian communications satellite in 16th flight this year
Ranking
- Police capture Tennessee murder suspect accused of faking his own death on scenic highway
- Trial to determine if Texas school’s punishment of a Black student over his hair violates new law
- Kodak Black released from jail after drug possession charge dismissed
- Slayings of tourists and Colombian women expose the dark side of Medellin’s tourism boom
- Sean Diddy Combs' Lawyers File New Motion for Bail, Claiming Evidence Depicts a Consensual Relationship
- Pandas to return to San Diego Zoo, China to send animals in move of panda diplomacy
- 5 charred bodies found in remote Mexico town after reported clash between criminals
- Neuralink transplant patient can control computer mouse 'by just thinking,' Elon Musk says
Recommendation
-
Jelly Roll goes to jail (for the best reason) ahead of Indianapolis concert
-
The Excerpt podcast: The ethics of fast fashion should give all of us pause
-
Jennifer King becomes Bears' first woman assistant coach. So, how about head coach spot?
-
This woman is living with terminal cancer. She's documenting her story on TikTok.
-
Don't Miss Cameron Diaz's Return to the Big Screen Alongside Jamie Foxx in Back in Action Trailer
-
Haley looks ahead to Michigan with first TV ad, but faces steep climb in GOP primary
-
Venezuela pit mine collapse reportedly leaves dozens of people buried in mud
-
Guilty plea from the man accused of kidnapping a 9-year-old girl from an upstate New York park