Proposal would turn McCormick Place Lakeside Center into massive casino resort
Proposal would turn McCormick Place Lakeside Center into massive casino resort
The proposed Rivers Chicago McCormick would have several indoor and outdoor entertainment spaces.
CHICAGO - McCormick Place's Lakeside Center could be transformed into Chicago's mega-casino.
A group of developers said they're ready to go all in on a billion-dollar investment to convert the barely-used convention space.
The 50-year-old structure has only been used a handful of times in recent years.
The so-called Rivers Chicago McCormick would have several indoor and outdoor entertainment spaces.
Mayor Lori Lightfoot said she will go through all of the different proposals and expects a casino-resort to open by 2025.
A statement from the mayor's office reads: "The submission of bid responses represents a major step toward the thoughtful development of a casino-resort that uplifts our businesses, employs and empowers our residents and encourages tourism. We look forward to the next phase of discussions to bring this world-class entertainment experience to our city."
Hard Rock International and Bally's Corporation have also submitted proposals for the center.