President Obama has chosen his hometown of Chicago to host his future presidential library. Obama’s library will be built on Chicago’s South Side, where the University of Chicago has proposed two potential sites not far from the Obama family’s home.
The University of Chicago’s victory beat out three other schools on the short list:The University of Hawaii, New York’s Columbia University, and the University of Illinois Chicago, a public school that proposed building the library on Chicago’s West Side. While the library won’t be built until after Obama leaves office, fundraising has already started for the expansive project, which is expected to cost hundreds of millions of dollars to build while serving as an economic engine for the surrounding area. The Barack Obama Foundation, formed by longtime Obama associates, screened proposals and recommended the winner to the president and first lady Michelle Obama, who only recently made the final decision.