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Obama library is a public cost estimated to be $175M: report

President Barack Obama speaks during the American Legion national convention in Charlotte, N. C., Aug. 26, 2014.

(Associated Press)

The proposed Obama Presidential Center in Chicago, is privately funded, but on Friday, city officials estimated how much taxpayers pay for road construction and other construction in the middle: $175 million.

It was the first time representatives of the city to put a specific dollar figure on the estimated cost reported to the public, the Chicago Tribune.

“The planned investments are provided to the (center) and the surrounding Jackson Park, a world-class destination on par with Chicago’s Museum Campus,” said the city Department of Transportation (CDOT), the newspaper, in a statement the figures accompanied.

The planned taxpayer-funded work will include the widening of portions of some surrounding roads and the construction of four or five new underpasses, the report said.

City officials said they should. “all possible options” for the project, including the allocations from the state of Illinois

The information made public before the scheduled meeting on Tuesday, at which representatives of the Obama Foundation, a nonprofit leading the center construction, it is expected that Details of its plans, the report said.

As the Obama Presidential Center, the tensions of race and class surface https://t.co/ueTqQV2dhV pic.twitter.com/Ab1I0qzPCE comes closer to reality

— Chicago Tribune (@Chicago tribune) February 22, 2018

CDOT spokesman Michael Claffey told the Tribune that the presidential libraries often receive state funding for the infrastructure in the vicinity. The Abraham Lincoln Presidential Library and Museum in Springfield, Ill., receive $100 million in this type of financing, he said.

However, in January, more than 100 University of Chicago professors and faculty members signed a letter that they and a wide range of neighborhood activists-agreed groups that “the Obama Center, as currently planned, is not the promised development or economic benefits for the neighborhood” on the South Side of Chicago.

They noted that, because the center is located in the vicinity of an existing museum and the University of Chicago, there is no country to new shops or restaurants in the vicinity.

The Tribune reported on Thursday that the project was unveiled in race and class differences between the proponents and opponents, with an African-American woman, the paper tells,-she has bene accused of anti-black.

“All I wanted to do, was that my children could play games, with no garage, in your park,” Bronwyn Nichols Lodato, the paper said. “I have three small children, and we live in a condo and the Midway is our yard. My story is simple, as we hold the park, so that our children could play there?”

In January, the former President of statement said in a video that he “will help quite a” hands-on” with the project, and hoped it could revitalize the neighborhood.

“Michelle and I want to be this centre is more than just a building,” said Obama. “We want to be an economic engine for the South Side of Chicago, a cultural place of interest, shows the South side and the rest of the world.”

The centre aims to 2021 in the year.

Fox News’ Adam Shaw contributed to this story.

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