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Obama Presidential Center Faces Fresh Backlash in Chicago as Residents Warn of Displacement

Local critics say rising housing costs near the site threaten to push out longtime South Side families.

PHILADELPHIA, PA - OCTOBER 28: President Obama gives speech at a campaign rally at Temple University's Liacouras Center in Philadelphia, Pennsylvania.October 28, 2024
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Overview

  • Community groups have pressed city officials to reject a proposed 250-room luxury hotel linked to the project, with approval still under review and demonstrations continuing.
  • The Obama Foundation says the privately funded campus in Jackson Park remains on track to open in April 2026.
  • Costs have surged far beyond early estimates, with reporting placing the price between roughly $830 million and close to $1 billion.
  • Activists note that a binding Community Benefits Agreement was never adopted, though a 2020 deal requires 30% of new units on city-owned land to be affordable.
  • A $40.75 million lawsuit by a minority contractor against the project’s structural engineer has spotlighted procurement disputes, as political criticism of the project persists.