The Obama Presidential Center is now open to the public in Chicago, following a years-long and controversy-laden construction process. The center, which was initially estimated to cost $350 million, ultimately cost over $850 million to build.
Local Concerns
Many locals have expressed concerns that the center will drive up prices and displace long-time residents. One resident described the center as a ‘monstrosity’ that will ‘wash away’ the neighborhood’s culture.
The center features a museum, public plaza, forum, and community programming, and is designed to be a civic campus. However, its construction has been marred by allegations of racial discrimination and unpaid contractors.
Economic Impact
The center’s construction has also had a significant economic impact on the local community. Illinois has spent over $120 million on infrastructure improvements to accommodate the center, and the total public cost is estimated to reach around $200 million.
Some residents have reported significant increases in rent and property taxes, and the city has set aside $6 million to develop affordable housing in the area.
Original reporting: Fox News (HLL/CB) — read the source article.