Supporters say the plan would generate approximately $100 million annually to address the root causes of homelessness by building new permanent housing that offers wraparound services.
Real Estate
Despite the enthusiasm of supporters who held a City Hall rally before the City Council meeting and packed the chambers, Ald. Brendan Reilly (42nd Ward) tried, but failed, to prevent the measure from heading directly to a committee hearing and vote.
Supporters say the plan would generate approximately $100 million annually to address the root causes of homelessness by building new permanent housing that offers wraparound services.
Despite the enthusiasm of supporters who held a City Hall rally before the City Council meeting and packed the chambers, Ald. Brendan Reilly (42nd Ward) tried, but failed, to prevent it from heading directly to a committee hearing and vote.
Chicagoans and tourists feeling lucky can play 800 slot games and 56 table games in the century-old Shriner’s temple at 600 N. Wabash Ave., with its distinctive domed ceilings and stained-glass windows.
A revised version of the proposal known as “Bring Chicago Home” has Mayor Brandon Johnson’s support, setting up a fierce debate in the coming weeks over how the city should fight homelessness.
Supporters of the proposal say the change will help the nearly 66,000 Chicagoans who are unhoused by generating approximately $160 million annually — enough to address the root causes of homelessness by building new permanent housing that offers wraparound services like substance abuse counseling.
It is not clear exactly when Bally’s will be able to open a temporary casino in the century-old Shriner’s temple at 600 N. Wabash Ave., with its distinctive domed ceilings and stained-glass windows. A Chicago landmark since 2001, the temple was most recently home to a Bloomingdale’s furniture store.
The historic LaSalle Street corridor has been an economic engine for the city since the turn of the last century. But in recent years, the once vibrant financial district has suffered as major banks that anchored the area moved elsewhere in the city.
Demolishing the record set in each of the past two years, $1.22 billion poured into the city’s 129 TIF funds in 2021, according to a report from the office of the Cook County Clerk.
Bally’s Chicago casino is set to have 3,400 slots and 173 table games in addition to an exhibition hall, 500-room hotel, a 3,000-seat theater and 11 restaurants. The development will include a 2,100-square-foot park and walking path along the river and a three-level underground parking garage, according to the plans released by city officials.
The $1.74 billion proposal still needs the approval of the Illinois Gaming Board, which must license Bally’s to operate the Chicago casino set to be built along the Chicago River near Chicago Avenue and Halsted Street.
One of Chicago’s fastest-growing companies looks to shed half of its headquarter space in the Loop. A glimmer of hope for suburban renters as rent prices rise. And the Wirtz family takes on a project off the ice.
The last time Chicago voters passed a binding referendum that applied to the entire city was 1885, according to city records. As supporters’ paths to the ballot have been nearly closed off, they have begun shifting the fight to the 2023 campaign for mayor and City Council.
Dozens of Chicagoans who waited hours to get their turn to address the Chicago City Council were prevented from speaking because a majority of the Chicago City Council attended Monday's special meeting.
Supporters of the proposal say the change will help the nearly 66,000 Chicagoans who are unhoused by generating approximately $160 million annually.
