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Obama Foundation making robust economic case for Obama Center


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WASHINGTON – The Obama Foundation on Thursday released an upbeat economic impact study to bolster the case that the Obama Center will trigger the creation of thousands of South Side jobs – from internships to careers – and generate tax revenue for the city, Cook County and State of Illinois.
The study offered a more expansive view of the Obama Foundation “vision” of how the Obama Center, to be constructed in Jackson Park, will relate to other nearby institutions – as part of a “Museum Campus South” from McCormick Place to the South Shore Cultural Center.

 

That would take in the Museum of Science and Industry, the DuSable Museum, the Logan Center for the Arts and other entities – to be marketed as a group and branded as Chicago’s “Culture Coast.”
The economic impact assessment report released on Thursday was dated October 2016 was done by Deloitte Consulting.
The study was paid for by the Chicago Community Trust, a civic group taking an increasing interest in development related to the Obama Center. The Trust approved a $250,000 grant to create a non-profit organization to help maximize Obama Center related development for the surrounding neighborhoods.:snip:

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