Proposal would turn McCormick Place Lakeside Center into a massive casino complex
CHICAGO – The Lakeside Center at McCormick Place could be transformed into a Chicago mega-casino.
A group of developers have said they are prepared to invest $ 1 billion to convert barely used convention space.
The 50-year-old structure has only been used a handful of times in recent years.
The so-called Rivers Chicago McCormick is said to have multiple indoor and outdoor entertainment spaces.
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Mayor Lori Lightfoot has said she will consider all the different proposals and expects a casino-resort to open by 2025.
A statement from the Mayor’s office reads: “The submission of bid responses represents a major step towards the thoughtful development of a casino complex that elevates our businesses, employs and empowers our residents, and encourages tourism. We look forward to the next phase of discussions. to bring this world-class entertainment experience to our city. ”
Hard Rock International and Bally’s Corporation also submitted proposals for the center.