The Plan Commission will review the 1901 project later this month

Later this month, the Chicago Plan Commission will review the 1901 Project, a $7 billion mixed-use incentive project located around the United Center. The project, planned by next-generation owners Michael Reinsdorf and Danny Wertz, will redevelop 55 acres of privately owned land surrounding the iconic arena campus.

The long-term, multi-phase development vision, designed by RIOS, will include 9,643 residential units, 20% of which are affordable, 1,309 hotel keys, and entertainment space all surrounded by 25 acres of public open space.

The first phase will feature a 6,000-seat theater-style music hall. This intimate and distinctive venue is designed to attract music, arts and cultural events, and promote Chicago's entertainment industry. A mixed-use building with hotel rooms, retail space and parking will be constructed next to the music hall. The first phase of the project is intended to break ground in the spring of 2025 on property that is today surface parking lots adjacent to the arena.

Innovative green spaces are strategically integrated on the west side of campus including the highest parking lots, providing more than 25 acres of public recreational and community gathering space. The plan calls for reimagining parking facilities and improving the pedestrian experience while enhancing walkability, lighting, roads and bike lanes uniquely designed to blend into the development.

The future phase development envisions housing spanning various unit sizes and incorporating luxury, affordable and market rate housing to ensure a vibrant mix of residential offerings for individuals and families. Transportation improvements will better connect the neighborhood through multi-modal means including bicycle, pedestrian, car and rail improvements. Indulging in green space and sustainability features as well as decorative lighting, pedestrian plazas and landscaping will also help with community safety and accessibility.

The $7 billion investment would require a zoning change to rezone all parcels into a uniform C1-5 district with planned development designated. If the Chicago Plan Commission approves the development later this month, the proposal will go on to seek approvals from the Zoning Commission and City Council. While the first phase is scheduled to begin in 2025, the comprehensive plan is expected to extend over 10 years.