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McPier Renovations Coming | Chicago Mayor Rahm Emanuel Pushes Plan

$140M McCormick Place Renovation

 

Artist rendering of new stadium

 

Rahm Emanuel isn’t holding back on his second anniversary as mayor of Chicago as he announced major renovations to the city’s prized McCormick Place. The city aims to give tourists and residents more reasons to visit the McCormick Place entertainment district, with plans to build $140 million worth of new facilities, including two hotels and a new arena that will be home court for DePaul University, as well as an expected draw for trade shows and concerts.
Other improvements include entertainment venues and shops intended to revitalize Motor Row and other nearby neighborhoods.

Chicago’s McCormick Place

 

Plans for the McCormick Place upgrade came along with the announcement of a major facelift to Navy Pier. Combined, the two plans will amount to $1.1 billion in renovations that Emanuel said will create 10,000 constructions jobs and 3,700 permanent jobs in Chicago. Private investments will pay for the hotels, and DePaul and the Metropolitan Pier and Exposition Authority will each pay for half of the arena.

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$278M Pier Redevelopment To Begin This Fall

Artist rendering of the new Navy Pier

Illinois’ most popular tourist attraction is up for a major facelift. In addition to McCormick Place, Mayor Emanuel also used his second anniversary as mayor to announce major changes to Navy Pier.

The Navy Pier renovations will add a new park, an expansion of the Chicago Children’s Museum, and additional bars and restaurants. Plans also include an interactive fountain at the pier’s entrance and a $48 million pedestrian overpass to ensure the safety of guests walking to the pier.

Artist rendering of Navy Pier

The $278 million redevelopment plan will be completed in two phases beginning this fall.

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