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Providence, Rhode Island-based casino and resort company Bally’s Corp. cleared a key construction hurdle for its Chicago location following the formal approval of its site plans by the city’s Department of Planning and Development, Urbanize Chicago reported.

Project specs call for a 500-room, 34-story hotel tower via single-phase construction at the 30-acre former Chicago Tribune printing site downtown, according to a news release. Per the plans, the hotel tower will be located on the southern end of the casino development nearest Ohio Street along the Chicago River.