No tax increment financing district will be created for the corporation either, she said during an interview with the Sun-Times editorial board shortly after the casino announcement.Īfter City Council approval, Bally’s still must apply for a license from the Illinois Gaming Board. The City Council in 2018 agreed to allow 4.5 million square feet of offices to be built there, plus a hotel and more than 4,000 residences.īally’s will foot the bill for those infrastructure upgrades, according to Jennie Huang Bennett, the city’s chief financial officer. Supporters note the property already is zoned for a much denser development than the casino. More cash and less congestion? Bally’s claims casino would actually reduce traffic - but River West residents say don’t bet on itīally’s executives have argued that their plan, with a series of traffic signal upgrades, would actually help reduce congestion.Bally’s River West casino plan expected to get mayor’s nod, sources say.
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