CHICAGO -- The price tag for a proposed $987 million expansion of the McCormick Place convention center in Chicago grew by another $350 million last week as downstate legislators in the Illinois General Assembly added capital projects to the financing bill.

The bill, which is pending before the state Senate, was amended last Wednesday to include $250 million of bonding authority for water projects and $100 million for school construction in communities outside the Chicago area.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.