Bally’s has detailed a further critical step forward regarding the group’s $1.7bn Chicago-based casino resort after gaining city approval regarding the project’s design.
Following the green-light being issued by the city’s Department of Planning and Urban Development, the operator noted that it solidifies plans to begin construction in late 2024.
The project is expected to generate in excess of $800m per year, as well as creating 3,000 annual construction jobs and 3,000 permanent jobs upon completion.
The $1.7bn development will include 3,400 slots, 170 table games, 10 food and beverage venues, 500-room hotel tower with rooftop bar, 3,000 seat entertainment centre, 20,000 square foot exhibition and outdoor music venue.
In addition, more than 10 acres of outdoor space includes a park for the community, which will include an expansive public riverwalk with a water taxi stop.
Furthermore, the project also provides Bally’s with the exclusive right to operate a temporary casino for up to three years while the permanent resort is constructed.
In May 2022, it was revealed that Bally’s beat off competition from Hard Rock and Rush Street Gaming to become the preferred bidder following Chicago’s request for proposal process to construct and operate such a venue in the city.
“Inspired by the city’s interplay—grit and grandeur, structure and the organic, historically-charged and cutting-edge—the design of Bally’s Chicago creates a sense of wonder and adventure accessible to everyone,” said Joyen Vakil, Bally’s Senior Vice President of Design and Development.
“The plan is uniquely focused on bringing in nature and wellness through the addition of numerous public plazas and parks.”
Furthermore, the development team for Bally’s Chicago includes a collection of locally based and minority-owned businesses.
“We are confident that this team will bring to life this one-of-a-kind urban space,” Vakil added. “The unique and exciting design celebrates Chicago’s motto, urbs in horto – city in a garden – and creates a dynamic public realm on site.”
