Bally’s, a major casino corporation, is facing a setback in the development of its permanent Chicago casino and entertainment complex. The company has discovered that the foundation of a 35-story hotel tower for the future complex could potentially damage a municipal water pipeline on the River West site. As a result, Bally’s will need to revise the design before breaking ground on the project, which is scheduled to open in 2026.
According to reports, Bally’s executives are working with city officials to find an alternative position for the tower on the 30-acre site, which is currently home to the Chicago Tribune printing plant. The original design for the complex, which includes a 100-room riverbank hotel development and a 400-room tower, was approved by the City Council in 2022. However, the company has run into unforeseen infrastructure issues with the tower’s foundation, prompting the need for a revised plan.
The revised design relocates the 100-room hotel development to a 74-foot tall building in the south end of the site, while the tower will be located elsewhere on the property. Bally’s spokesperson expressed the company’s commitment to working closely with all stakeholders, including the city, and stated that they are looking forward to beginning construction in 2024. The development, which is an extension of Bally’s casino operations in Chicago, also includes plans to leave the temporary Medinah venue and open the permanent casino by September 9, 2026.
The glass-faced hotel tower proposal helped Bally’s win the Chicago’s casino operator deal over two other companies. As part of the deal, the company is obligated to build the tower and invest approximately $1.34 billion in the project. Despite the need for revisions to the design, Bally’s plans to move forward with construction of the permanent casino complex later this year.