Obama Presidential Library Finds a Home

Associated Press

It’s been a long bidding war but soon enough the Obama Presidential Library will hold ground at Chicago’s Jackson Park, the Chicago Tribune reports.

The historic site is located on the South Side, just east of the University of Chicago and near the Museum of Science and Industry.

The Obama Presidential Center will include a library housing the presidential archives, a museum devoted to Obama’s eight-year tenure in the White House, and the headquarters of the Obama Foundation.

Jackson Park delivers 543-acres of land and is accented with lush woods and greenery. Architects Tod Williams and Billie Tsien, who designed University of Chicago’ Logan Center were recruited for the project and will team up with Chicago firm Interactive Design Architects.

The pricetag for the structure is $500 million, making it one of the city’s more high-profile construction projects, the Tribune said.

The location beat out Washington Park, which was a second contender, located near Chicago’s Woodlawn neighborhood – an area that has seen decades of lapsed redevelopment and struggle.

Construction for the anticipated new attraction is expected to start after the Obama’s January departure from the White House with an estimated finish by 2021.

Image: Associated Press