Demolition is set to commence on Tuesday for Bally’s permanent casino and hotel complex in Chicago. The project, located at the former Chicago Tribune publishing site in River West, marks a significant milestone in the city’s gaming landscape. Bally’s has secured a $940 million funding agreement with Gaming and Leisure Properties to support the development, which will include a 34-story hotel tower, a 3,000-seat theater, and a 2-acre public park. The permanent casino is expected to open in September 2026.
Transforming the River West Neighborhood
The demolition of the former Chicago Tribune publishing site is the first step in transforming the River West neighborhood into a bustling entertainment hub. Bally’s plans to build a state-of-the-art casino and hotel complex that will feature six restaurants, cafes, a food hall, and space for 3,300 slots and 173 table games. The development is expected to attract tourists and locals alike, boosting the local economy and creating numerous job opportunities.
The project has been in the works for several years, with Bally’s working closely with city officials and community leaders to ensure that the development meets the needs of the neighborhood. The new casino and hotel complex will not only provide entertainment options but also contribute to the revitalization of the area. The inclusion of a public park and other amenities will make the site a destination for both gaming enthusiasts and families.
The demolition process is expected to take several months, with construction on the new complex beginning shortly thereafter. Bally’s has committed to using local contractors and suppliers for the project, further supporting the local economy. The company has also pledged to implement sustainable building practices to minimize the environmental impact of the development.
Economic Impact and Job Creation
The construction of Bally’s permanent casino and hotel complex is expected to have a significant economic impact on the city of Chicago. The project will create thousands of construction jobs, as well as permanent positions in gaming, hospitality, and maintenance once the complex is operational. Bally’s has partnered with local workforce development organizations to ensure that job opportunities are accessible to residents of the surrounding communities.
In addition to job creation, the new casino and hotel complex is expected to generate substantial tax revenue for the city. This revenue will be used to fund public services and infrastructure improvements, benefiting the entire community. The increased tourism and foot traffic in the River West neighborhood will also provide a boost to local businesses, including restaurants, shops, and entertainment venues.
Bally’s has a track record of successful casino developments in other cities, and the company is confident that the Chicago project will be equally successful. The new complex is designed to cater to a wide range of visitors, from casual gamers to high-rollers, ensuring that it will be a popular destination for years to come.
Community Engagement and Future Prospects
Bally’s has made community engagement a priority throughout the planning and development process for the new casino and hotel complex. The company has held numerous public meetings and consultations to gather input from residents and address any concerns. This collaborative approach has helped to build support for the project and ensure that it aligns with the needs and priorities of the community.
Looking ahead, Bally’s is optimistic about the future prospects of the Chicago casino and hotel complex. The company has already begun marketing the development to potential visitors and investors, highlighting the unique features and amenities that will be available. The permanent casino is expected to draw visitors from across the region and beyond, contributing to Chicago’s reputation as a premier destination for entertainment and tourism.
The successful completion of the Bally’s Chicago project will also serve as a model for future developments in other cities. Bally’s is committed to continuing its expansion and bringing its expertise in casino and hotel operations to new markets. The company’s focus on sustainability, community engagement, and economic impact will ensure that its projects benefit both the company and the communities in which they are located.
