The rejected proposals for what is expected to be Illinois’ largest gambling establishment include a $1.3 billion Rivers Chicago McCormick bid to redevelop Lakeside Center, which developers touted as an opportunity to repurpose and renovate the 50-year-old steel-and-glass exhibition hall.
It is one of three bids remaining after the city rejected two proposals involving McCormick Place. Proposed $1.6 billion Bally’s Chicago casino, hotel and entertainment complex at the site of the Chicago Tribune Publishing Center, located on the corner of Chicago Avenue and Halsted Street.