Aldermen on the Building, Zoning and Economic Development Committee unanimously recommended the plans, as well as some rezoning, for the 18.68-acre site nestled between Farnsworth Avenue, Bilter and Church roads, and Interstate 88.
The location will feature 1,600 parking spaces, both at street level and in a parking garage, with the potential of adding another 500 spaces if needed.According to Michael Carroll, vice president of construction with Penn Entertainment, the casino is putting in a main entrance off Farnsworth, and a second entrance along Bilter Road. The alternate entrance can be used by people going to some of the entertainment spaces, without going through the gaming area or hotel.
Brian Witkowski, of the city’s engineering division, said the study was done of all traffic needs in the area - not just what the casino would generate - out to the year 2050. Overall, he said HR Green looked at 10 intersections in the area and is already planning on modernization on some. Some already have been modernized, Witkowski said.
Witkowski said roads are not designed for specific events - such as a Black Friday sale crowd at the Chicago Premium Outlets mall or even overall holiday traffic - but that the roads there would handle much greater traffic capacity.The city and Penn Entertainment have a redevelopment agreement that has the city giving the land and donating $50 million to the casino, which it will pay back. The city would plan to pass $58 million in general obligation bonds for that money.
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