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Why is Jerry Reinsdorf spending millions buying up parking lots around the United Center?

Chicago Sun-Times | February 23, 2024

Related Topics: Jerry Reinsdorf, Dolores Secor, Rocky Wirtz, Walter Burnett Jr., Terry Savarise

Scott Olson/Getty Images

An aerial view of the United Center. While White Sox and Bulls owner Jerry Reinsdorf pursues $1 billion in state funding for a new baseball stadium in the South Loop, he’s spending big to gobble up lots around the Bulls home.

As Chicago White Sox Chairman Jerry Reinsdorf seeks $1 billion in taxpayer funding for a new ballpark in a planned mixed-use district in the South Loop, his associates have spent millions of dollars buying out parking lots run by his competitors to build what could be a similar district around the United Center.

See full article at Chicago Sun-Times