New Convention Center to Boost O’Hare Region

July 25, 2012

New convention center near O'Hare international airport Chicago residents and visitors alike will soon have a new multi-hotel and convention center complex in the O’Hare region. Intercontinental Region Center Trust of Chicago and Chicago developer Anshoo Sethi are teaming up to build A Chicago Convention Center near O’Hare International Airport.

The new development, which will take approximately two years to build, will combine convention center facilities with multiple hotels all on one campus. The new development will be LEED-certified, and will create 4,000 construction jobs along with 1,000 permanent jobs for Chicago real estate residents. In addition, it is projected to make a total economic impact of $2.6 billion per year.

“There is no doubt that A Chicago Convention Center will play a huge part in bringing back jobs and revenue that was lost during the recession,” Sethi said. “We are excited to be part of the rebuilding of this area.”

Financing for this development will come in part from the U.S. Immigrant Investor Program, which was created by Congress in 1990 to stimulate the nation’s economy through capital investment by foreign investment and job creation.

Because of the site’s location, the new complex will be an ideal venue for business conferences and meeting, and it will also be a great asset when the city bids on large-scale events.

About The Author

Read All Stories By Mitch Levinson

Mitch Levinson is the author of “Internet Marketing: The Key to Increased New Home Sales” published by BuilderBooks. He is an Internet marketing expert with expertise in search engine optimization, website development, email marketing, social media and CRM consulting services. He is known for creating effective programs that can be tracked through analytics to prove effectiveness and ROI. Mitch is founder and president of MLC New Home Marketing and MLC FlatFee Realty, as well as managing partner of mRELEVANCE, LLC, a Marketing, Communication, Interactive agency with offices in Chicago and Atlanta. He currently leads the Chicago team. A Multi-Million Dollar Sales Producer who earned an MBA in Computer Information Systems and eCommerce, he brings a unique perspective and experience to the field of real estate communications. Mitch combines the two interests in order to help home builders and developers gain a competitive advantage through the Internet and technology. When he isn’t behind a computer, he enjoys participating in sports and coaching his kids’ teams. Mitch resides in Arlington Heights, Ill., a northwest suburb of Chicago, with his family, which includes two rambunctious labs. Visit my Google+ profile.

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