EMBARGOED UNTIL 2:00 PM on FEBRUARY 3

FOR IMMEDIATE RELEASE

February 3, 2021

Contact: Courtney D. Williams, Obama Foundation, ​cwilliams@obama.org

Obama Presidential Center Groundbreaking Announced for 2021 as Multi-Year Federal

Review Process Concludes

Project estimated to generate $3.1 billion in economic impact for Cook County and bring
700,000 visitors to the area each year to stimulate additional economic growth

CHICAGO​ -- After the conclusion of a robust four-year long federal review process for the
Obama Presidential Center (OPC), the Obama Foundation announces its intent to break ground
on the Center in 2021 and begin recruiting a diverse workforce that will help make the OPC a
reality. In anticipation of receipt of final documentation, the City of Chicago has scheduled the
necessary pre-construction work, including relocating utility lines, in April. Construction of the
OPC will follow in the second half of this year, starting with preliminary roadwork and then
physical construction as early as August. The project serves as a catalyst for long-overdue
investment in and around historic Jackson Park — creating a new destination to move visitors
from hope to action, breathing new life into the park, and delivering amenities and economic
benefits to the community the Obamas called home.

“Getting to this point wouldn’t have been possible without the folks in the community who have
been a part of this process along the way,” said President Obama in a video message to mark the
conclusion of the federal reviews. “Michelle and I want to thank you for making this project
even better — a space for the community, built in partnership with the community. We know
that by working together, we can unlock the South Side’s fullest potential — and help set up our
city, our country, and our world for even better years still to come.” Watch President Obama’s
video message and read the transcript ​here​.

The Obama Foundation estimates the construction costs of the Center and development of the
parkland on-site will be nearly $500M. Pursuant to its agreement with the City, the Obama
Foundation will bear 100 percent of the costs to construct and maintain the grounds and
structures within the OPC site, turning over ownership to the City upon completion. The
Foundation has elected not to pursue capital or operating subsidies from the City and will finance
ongoing needs privately. To leverage the private investment in the area, the City will invest in
infrastructure improvements throughout the South Side.
An economic impact study concluded the site will have a $3.1 billion economic impact and bring
700,000 visitors from around the world to the South Side each year, creating a catalyst for
economic development that will reach across the area.

“Upon completion, the Obama Presidential Center will serve as an economic and cultural
nucleus for our city’s historic South Side,” said Chicago Mayor Lori E. Lightfoot, “In addition to
attracting visitors from all over our city and around the world, the OPC will also bring in new
businesses and create new jobs - providing residents in the surrounding communities with the
resources they need to lead happy, fulfilled and stable lives. Thus, the OPC’s impact will stretch
beyond the borders of its campus and, in conjunction with other nearby capital improvements, it
will ensure the long-term, economic prosperity of our South Side communities.”

Creating a Destination on the South Side & New Pathways to Leadership

The completed Obama Presidential Center will serve as a hub for the Obama Foundation’s work
to inspire, empower, and connect the next generation of leaders—in Chicago and around the
world. Plans for the Center include enriching an 19.3-acre section of the 540-acre Jackson Park
-- more than 90 percent of which will remain open greenspace that is free and accessible to the
public (18.1 of the 19.3 acres).

The campus includes a presidential museum that will celebrate the history of diverse groups of
people working toward the common good, highlighting the challenges and accomplishments of
the Obama Administration, and underscoring the important role that the South Side of Chicago
played in shaping President and Mrs. Obama’s worldviews. It will be a place to honor history
while inspiring young people to write chapters of their own.

In addition to the museum, the OPC campus will also include:

● A branch of the Chicago Public Library that will be the first public library branch at a
presidential center;
● A contemplative, multi-purpose space at the top of the museum with vistas out to the
surrounding neighborhoods;
● A program, activity, and athletic center for recreation, community programming, and
events;
● Open green space and Great Lawn that will provide space for community and social
gatherings, BBQs, new walking and biking trails, and a winding nature trail near the
park’s lagoon;
● A Children’s Play Area featuring an extensive playground with innovative recreation
equipment for children of all ages that will offer four seasons of play;
 ● Paying homage to Mrs. Obama’s garden from the White House, a Fruit and Vegetable
Garden and Teaching Kitchen will be a place for young people and community members
to learn.

Hiring a Diverse Workforce & Creating Thousands of Jobs

The Center will create new economic opportunities, especially for South Side residents. The
Foundation has committed to awarding 50 percent of the subcontracting packages to diverse
vendors, exceeding the City’s goal of 26 percent and 6 percent commitment to MBE/WBE
vendors, based on the belief that the team that’s building the Center should look like the
community it calls home. It is estimated the Center will generate up to 5,000 direct and indirect
jobs during and after construction.

The Obama Foundation and construction manager Lakeside Alliance, a joint venture of five
construction firms, four of which are local and minority-owned, has started recruiting the
necessary subcontractors and personnel to ensure a diverse workforce. The Foundation and its
partners are investing significant resources to recruit a diverse workforce and subcontractors,
particularly from the South and West sides, through a number of strategies including breaking up
bid packages to level the playing field for smaller subcontractors to compete.

“For many small vendors, getting a chance to work on a project of this size and complexity will
allow subcontractors to not only profit from the project, but gain the necessary experience to
allow them to compete for similar, large-scale projects in the future,” said Lori Healey, Obama
Presidential Center Implementation Lead. “We are committed to creating opportunities for
diverse vendors because we believe the team building the Center should look like and benefit our
community.”

Strengthening Sustainability & Revitalizing Green Space

The Obama Foundation is committed to ensuring the Center preserves and enhances what has
always made Jackson Park unique, while investing in long-term sustainability. The landscaping
plan for the Center restores and embraces the rich history of the park, giving new life to
Frederick Law Olmsted’s vision of a cohesive, walkable, and iconic Jackson Park by reunifying
parkland, planting new trees, increasing biodiversity, and providing newly expanded habitat for
birds and wildlife. Components of the plan include:
● Reunifying the park, which became disconnected by the addition of Cornell Drive, a
six-lane highway built through the heart of the park many years ago. The restored
 parkland will remove barriers and seamlessly connect the park to the lakefront, unifying
it with other South Side institutions.
● Fostering greater sustainability by addressing current on-site ecological challenges,
including the poor health of the trees, plantings that don’t offer enough biodiversity or
environmental benefits, tenuous soil quality, and stormwater and drainage issues.
● Planting more trees than are currently on-site and increasing biodiversity at all levels to
bolster resilience while adding experiential value, habitat, and environmental
improvements.

It is anticipated it will take four years to complete the construction process.

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