$7 Billion Plan to Transform Chicago's West Side Around United Center Unveiled
Reinsdorf and Wirtz families propose decade-long redevelopment, including green spaces, housing, and entertainment venues.
- The 1901 Project aims to convert 55 acres of parking lots into a mixed-use neighborhood.
- Initial phase includes a 6,000-seat music hall, rooftop green space, and improved pedestrian areas.
- The development is expected to create 63,000 construction jobs and 12,000 permanent jobs.
- Project plans to add up to 5,000 housing units, with 20% reserved for affordable housing.
- City approval is needed, with construction potentially starting in spring 2025.