Bally's Removes Hotel Tower From Latest Blueprint for Chicago Avenue Casino

Revisions to the plans for the forthcoming Bally's casino at 777 W Chicago Avenue are making waves in River West. Unlike the initial proposals, the updated blueprint ditches the hotel tower originally set to crown the complex. The ambitious project, replacing the former Chicago Tribune printing facility, is progressing under the expertise of developers Bally's, in collaboration with renowned firms such as SCB, Gensler, Site Design Group, Urbanworks, STL Architects, and NIA Architects.

Bidding Battles and Winning Ways

Bally's emerged victorious after an extensive selection process with the city, triumphing over rival bids from major players like Hard Rock and Rivers. The winning bid, presented multiple times last year, showcased a comprehensive plan featuring a casino building, a performance center, museum, conference rooms, and a sizable park leading to the riverwalk. However, the pivotal change in plans follows Bally's approval for a permanent gaming license for the Tribune site last October, leading to modifications that include the removal of the once-planned hotel tower.

Deferred, Not Denied

In a surprising turn, Bally's revealed that the tower, initially part of the winning bid, will now take center stage in a second phase at a different location. The decision stems from the presence of municipal water lines beneath the original site, prompting exploration of alternative locations south of the site or around the events center. The revised plans hint at a new 100-key, three-story hotel structure over the northern end of the casino building, with the casino structure extending over the previously proposed connecting wintergarden.

Unraveling Controversies and Phased Perspectives

Controversies surrounding reported lower-than-expected numbers in 2023 and transportation-related concerns have added layers to the narrative. Despite the updates and controversies, Bally's remains on track for a 2026 opening, reporting progress ahead of schedule and on budget. The phased approach, now confirmed with the exclusion of the hotel tower in the north, introduces flexibility to the project, leaving room for potential future expansions.

Financial Uncertainties and Milestones Ahead

While the new plans unfold, uncertainties loom regarding potential cost revisions from the original $1.7 billion estimate. As milestones are reached, Bally's continues to navigate challenges, adapting its vision for the casino's future. The once-proposed 500-foot-tall tower may have been deferred, but Bally's strategic approach ensures that the cards are still in play for the casino's evolving landscape.