Deadline extended for bids to develop casino project in Chicago

Bidders person until Oct. 29 to bid connected a Chicago casino project.

Chicago Mayor Lori Lightfoot connected Friday extended the deadline to respond to the city’s petition for proposal, giving imaginable casino bidders “more clip to afloat measure the Chicago casino opportunity; behaviour further owed diligence; assemble much competitory bid packages; and research financing opportunities,” according to a quality merchandise from the metropolis of Chicago.

“This historical casino task stands to grow the economical vibrancy and spot of our metropolis by bringing sustainable, good-paying jobs to residents from underrepresented backgrounds and creating a world-class casino-resort that attracts visitors from each over,” Lightfoot said successful the release.

“Extending the deadline for funny bidders volition let the City to cod arsenic galore robust, impactful and transformative proposals arsenic possible. I look guardant to seeing these bids rotation successful and moving precise intimately with whichever squad is yet chosen to make Chicago’s first-ever casino.”

In April, Lightfoot said the metropolis planned to grant a declaration to physique a casino edifice by aboriginal adjacent twelvemonth with a 2025 opening date. The archetypal submission deadline had been Aug. 23.

Contact Dylan Svoboda astatine dsvoboda@reviewjournal.com. Follow @dylanksvoboda connected Twitter.