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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.
chicago.suntimes.com
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 — a price tag they say would make it the largest private investment in the West Side.
Dubbed The 1901 Project, if approved, the estimated 10-year development would transform the West Side with green space, mixed-income housing, a music hall and more. Construction is planned in seven phases, with the first estimated to start as early as next year.
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The first phase is expected to start construction in spring 2025 and would transform the surface parking lots adjacent to the United Center. In February, the Sun-Times had reported that associates of Jerry Reinsdorf spent $44.7 million to scoop up nearby parking lots run by his competitors.
The plan is to construct a parking facility, which would have more than 10 acres of open green space on the roof. Given United Center’s history of hosting events, it could host events at the park. But Savarise said it’s “open” to conversations with the Chicago Park District and their potential role with the park.