The survey respondents, located all along the Archer Avenue corridor, represent two main constituencies that strongly oppose the casino for two reasons. A survey of surrounding neighborhoods by the 78 Community Advisory Council found that 75% of respondents were strongly against a casino at that location. Second, the mayor would alienate more neighborhood residents by choosing this location compared with one of the others. If the objective for building a casino in Chicago is to collect revenue for the city, the 78 project offers the least in this cost-benefit analysis, and the additional costs make it an even worse bet. The revenue projection for the Rivers proposal at the 78 is estimated to be far less, at $175 million in annual revenues, than either of the two other proposed casinos: the Hard Rock, at $195 million, and Bally’s, at $192 million, whose proposal is the only one that also includes their own additional investment in infrastructure improvements. What’s different about the objections to the 78 site, however, is this: It’s a unique situation in which the risks and costs would be completely disproportionate to the potential gain.įirst, there are fewer financial proceeds to be gained from this project. Across all three community forums, objections based on congestion, crime and poor neighborhood fit were consistent.
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