The City of Chicago on Thursday issued a Request for Proposals (RFP) to identify an operator to develop and run the city’s first and only casino. The selected partner will be able to propose its optimal site for the project, which the city plans to open by 2025.
“After years of planning, we are beyond excited to begin the RFP process for Chicago’s first casino,” said Mayor Lori Lightfoot. “We look forward to collaborating with world-class operators to develop a premier entertainment destination that will catalyze growth in our dynamic economy, create sustainable, good-paying jobs for our workforce and bring new financial opportunities to our businesses.”
Required elements in the project include a casino-resort with 500 hotel rooms or less, meeting space, restaurants, bars and entertainment venues. Along with a casino, the gaming enterprise also will have the opportunity to operate slot machines at Midway and O’Hare Airports.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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