CHICAGO TRIBUNE: Big plans for United Center area need a tighter link to the ‘L’

CHICAGO TRIBUNE: Big plans for United Center area need a tighter link to the ‘L’

https://www.chicagotribune.com/2024/07/31/opinion-united-center-development-cta-train-line/ It’s hard to remember a Chicago real estate proposal that made a better first impression than the Wirtz and Reinsdorf families’ proposal to create a new neighborhood around the United Center. The media, usually skeptical of big developments and developers, embraced the project immediately. Ald. Walter Burnett Jr., 27th, said he was excited by…

CRAIN’S CHICAGO BUSINESS: How the quantum and United Center projects could spark action in investment-starved neighborhoods

CRAIN’S CHICAGO BUSINESS: How the quantum and United Center projects could spark action in investment-starved neighborhoods

https://www.chicagobusiness.com/commercial-real-estate/united-center-south-works-quantum-plans-may-fuel-investment For years, Chicago planning officials have labored to kickstart real estate development in disinvested South and West side neighborhoods, chipping away at one publicly-subsidized apartment building, one retail project, one community center at a time. Now, two massive proposals and billions of dollars in new investment stand to supercharge their effort. The challenge is…

ABC7 CHICAGO: United Center owners pitch $7B investment called 1901 Project to revitalize neighborhood

ABC7 CHICAGO: United Center owners pitch $7B investment called 1901 Project to revitalize neighborhood

https://abc7chicago.com/post/united-center-owners-7b-investment-pitch-includes-hotels/15085340/ The owners of the United Center pitched a $7 billion plan, called the 1901 Project, to upgrade the Near West Side neighborhood. The 1901 Project, which is named for the United Center’s street address, is being sold as a transformational multi-billion-dollar neighborhood investment that would change the face of the entire area surrounding the…

CHICAGO SUN-TIMES: United Center owners planning massive $7 billion mixed-use campus around the arena

CHICAGO SUN-TIMES: United Center owners planning massive $7 billion mixed-use campus around the arena

Plans call for a music hall, housing, park and pedestrian-friendly spaces as part of a 10-year development project that could start as early as 2025. https://chicago.suntimes.com/real-estate/2024/07/23/united-center-reinsdorf-wirtz-1901-project-housing-entertainment-hall-retail-campus-arena The owners behind the United Center announced on Tuesday that the parking lots and area surrounding the United Center will be replaced by a $7 billion mixed-use district —…