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Old Posted Aug 9, 2019, 12:27 AM
jpIllInoIs's Avatar
jpIllInoIs jpIllInoIs is offline
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Join Date: Dec 2005
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Tribune Site

I dont hate this idea. It offers highway access. potential to be on the new street circulator.

CURBED: Tribune Media’s River District interests buyers as potential casino site
The 37-acre waterfront site went up for sale in February.]
The northern part of the site near the Freedom Center printing facilities at Halsted and Chicago, could have a temporary casino ready in a matter of months, according to a person familiar with the development. Unlike other sites under consideration, such as Michael Reese and U.S. Steel, it wouldn’t be a development starting from scratch. The downtown site has infrastructure and a build-out ready, vacant warehouse. Currently, Tribune Media has a deal to co-develop the waterfront parcel north of Chicago Avenue with Riverside Investment & Development.

That speed and capacity is an important advantage of the location if the city wants to start collecting revenue as soon as possible, which Lightfoot might need to fill the budget hole. The legislation allows for a temporary gambling site (land operations or a riverboat) to open for up to two years, with an option to extend for another year, while a more permanent development is built.
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