United Center owners’ massive 1901 Project could get nearly $55 million property tax break – Chicago Sun-Times

Aerial view rendering of the proposed $7 billion mixed-use development, 1901 Project, with several of the proposed new buildings lit up at night.There have also been discussions between the United Center’s owners — the Wirtz and Reinsdorf families — and the city on public funding for a new Pink Line station near the United Center. But that proposal hasn’t advanced yet.
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Bobbi
1 month ago

So, billionaire owners that give fans a horrible product, want even more tax money. Reinsdorf has made a living on our dime. OK.

Sanity please
1 month ago

If you take enough hopium and look at this
so called project through subdued light
you might see something good.
Hopium wears off, lights come up and what do
you have, 7-11’s that take snap cards, fish and chicken stores, carry-out liquors, M-B churches,
junkies and sellers, special service ladies.
The flushing sound is all of that money down
the drain.
this is unless bond markets give the state and city the one finger salute.

Free at Last
1 month ago

Sounds like a great idea. You people can afford it. Apparently, your real estate taxes are not high enough.

daskoterzar
1 month ago

Yeah…looks lovely. Let’s hope it’s just Chicago residents that get to pay for this tax break…although I know that won’t be true. I know this is a rendering showing how lovely it can be…but where do the people who attend an event park? Looks like they are turning the super convenient parking lots into shopping, restaurants and robbery areas.

Call my shrink
1 month ago

Financially strapped city gives billionaires tax breaks. Who will fill the void. Answer look in mirror

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