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Obama's $1 BILLION Presidential Library is a Stalinist Blight on the Land + leaves Taxpayers footing the bill

Melensdad

Jerk in a Hawaiian Shirt & SNOWCAT Moderator
Staff member
I do understand there is community pride by some. But the Soviet 'brutalist' design, worthy of Stalin's stamp of architectural approval of the towering structure rising above former protected park lands, seems to be a heavy handed stamp of authoritarianism on a former lovely green space in the city of Chicago.

Worse yet is the apparent mismanagement of funding. The project is essentially out of money and due to some Chicago style 'slight of hand' financial manipulation, it looks like the taxpayers are now on the hook for maintenance and possibly even the final construction costs?


Obama's $1 Billion Presidential Library Looks Like A Tower Of Doom

BY TYLER DURDEN
After 10 years and nearly $1 billion in total project costs, the Barack Obama Presidential Center is finally nearing completion and has been opened for limited public tours. The facility is set to officially go into operation in the spring of 2026, however, at least $230 million in construction costs still remain and the Obama Foundation simply doesn't have it. Total reserve funds are $116 million and this does not take into account the cost of paying staff to maintain the center.
Not only is the future of the site in limbo, the building is also being called "the tomb" by many locals in the South Side of Chicago where it is located. Though the media frequently refers to the design as "warm and inviting", it looks more like a concrete bunker nightmare that one might find in Soviet era Russia.
The center's notably harsh aesthetics are oddly similar to many pieces of architecture constructed in Russia during the height of communism using methods that seem to suck the life out of the surrounding environment. One cannot help but notice the dystopian similarities. Some might ague that buildings can't really be "political", but these are people that don't understand architecture.
Residents in the area reportedly describe the building as a "totalitarian command center dropped straight out of 1984." Obama's adoring fans, though, say that the building is a beautiful symbol and tribute to the accomplishments of the Black American community. They also claim that the center will be an "economic catalyst" for the neighborhood, which is suffering from fiscal decline.
Ironically, the site may indeed revamp the area, but in the process it is driving up property costs to the point that homes are unaffordable for current lower income residents.
Alderwoman Jeanette Taylor of Ward 20, which is near where the center is being built, told the Daily Mail last month she has fought against some aspects of the building out of concern for her constituents. Families will be displaced because of higher rents, the tabloid quoted her as saying.
“Every time large development comes to communities, they displace the very people they say they want to improve it for,” Taylor said. Homes worth $400,000, which the lawmaker argues are unaffordable for South Side denizens, are popping up around the area. Rents are also climbing, with some living in the South Side reporting that two bedroom apartments jumped from $800 per month to over $1800 per month.
In May of this year, President Donald Trump criticized the project as a "disaster" that has come in many millions over budget. Trump also warned about the DEI methods used to recruit construction contractors.
Obama did proudly proclaim that his library would be built with DEI initiatives and diverse contractors in mind (mostly black contractors). Now his foundation is running out of funds. Costs have ballooned due to terrible planning as well as lawsuits over "racial discrimination". Black companies argue that they have been subjected to unfair scrutiny in their building methods, while the New York engineering firm in charge of the library argues that the builders exhibit low experience and poor performance.
Get woke, go broke.
 
The Obama Library started out much like his Presidency. Everyone was excited about the prospect of a populace black President..

....But then....;

The final outcome proved to be very, very, disappointing.
 
Went up to Chicago's Griffin Museum of Science & Industry today, the Obama library is just a block or two away, we drove past it on our way to the museum. What a glorious monstrosity of doom and gloom looking down upon the trees and low structures of the surrounding area. This behemoth literally towers over the neighborhood. I've seen it before in various stages of its development but the lovely Mrs_Bob had never seen it and was totally unimpressed.

It certainly looks like the failed project of a first year architecture student. The grounds surrounding it, once a lush park, are concrete and elevated in their current state. Some of those will be elevated gardens. There will also be a branch of the Chicago public library on the site.

Overall it looks totally out of place in the neighborhood. And it is obviously not good looking. My hope is that the grounds and gardens will offer some level of redemption. And I also hope the city is not burdened with the cost to operate the library as the endowment is only a fraction of what is needed and the contraction costs are also blown and dramatically over budget.
 
Who approves this stuff? No wonder why the government needs so much of my money.

Generally a "Presidential Library" is privately funded through donations.

Generally a "Presidential Library" also has a private foundation, also funded by donations, and the foundation sets up a perpetual care fund to maintain and pay for the library operations. They will also continue to fund raise for the library by hosting events at their venues, which they earn money from, etc.

But with the Obama library, somehow the city of Chicago and I think the state of Illinois are on the hook for finances if the foundation runs out of money. There was some legal maneuvering that allowed for the public to take over under a private shortfall, leaving the taxpayers on the hook. It seems very likely that the ongoing maintenance foundation has less than half the funds it needs to operate the library and care for the grounds. There are also questions as to whether it has the funds it needs to finish construction.
 
Generally a "Presidential Library" is privately funded through donations.

Generally a "Presidential Library" also has a private foundation, also funded by donations, and the foundation sets up a perpetual care fund to maintain and pay for the library operations. They will also continue to fund raise for the library by hosting events at their venues, which they earn money from, etc.

But with the Obama library, somehow the city of Chicago and I think the state of Illinois are on the hook for finances if the foundation runs out of money. There was some legal maneuvering that allowed for the public to take over under a private shortfall, leaving the taxpayers on the hook. It seems very likely that the ongoing maintenance foundation has less than half the funds it needs to operate the library and care for the grounds. There are also questions as to whether it has the funds it needs to finish construction.
Taxpayer funded boondoggle.
For Obama, this would be a fitting legacy.
 
Uh oh, now another scandal at the Obama Library.



FULL STORY AT LINK ABOVE but damn, taxpayers are on the hook again! But for more than they imagined.


Obama Presidential Center deposits just $1M into $470M reserve fund aimed to protect taxpayers

The Obama Foundation was required to create the fund in order to take control of a sprawling 19.3-acre section of a public park
September 27, 2025 8:47am EDT

NYU law professor Richard Epstein warns taxpayers could be left holding the bag after Obama Presidential Center fails to fund $470M endowment
When the Obama Foundation snagged a sweetheart deal to build its beleaguered Obama Presidential Center in a Chicago public park, it pledged to create a $470 million reserve fund to spare taxpayers should the project ever go belly up.
But new tax filings show the foundation has only deposited $1 million into the fund and has not added to it in years, with critics saying the empty promise could potentially leave Chicagoans on the hook for hundreds of millions of dollars.
Under its agreement with the city, the foundation was required to create the fund, known as an endowment, to take control of a sprawling 19.3-acre section of Jackson Park — often described as Chicago’s Central Park equivalent — where the complex is now slowly rising.
The foundation ultimately secured the public land for just $10 in 2018 under a 99-year deal.
But when former President Barack Obama and former First Lady Michelle Obama turned the sod at the site in September 2021, just $1 million — or 0.21% of the pledged funds — had been deposited into the endowment, and that figure has remained unchanged ever since.
With construction progressing at a snail’s pace and costs ballooning from an original estimate of $330 million to at least $850 million, the lack of progress on the promised endowment has fueled fears the Obama Presidential Center could leave taxpayers holding the can if finances spiral into the red.
It comes as the Obama Foundation’s latest tax return shows its finances under strain with revenue swinging wildly year to year, fundraising shortfalls and unfulfilled donor pledges.
On news that the endowment has largely remained unfunded, Illinois GOP Chair Kathy Salvi slammed the project as an "abomination" while blasting Democrats for potentially exposing taxpayers with the deal.
"It should come as no surprise that the Obama Center is potentially leaving Illinois taxpayers high and dry — it’s an Illinois Democrat tradition," Salvi told Fox News Digital in a statement. "Democrats in this state, when not going to prison for corruption, treat taxpayers like a personal piggy bank giving sweetheart deals to their political benefactors."
The Obama Presidential Center in July 2025.
The Obama Presidential Center under construction in July. (Fox News Digital)

Scholar sounds alarm

Richard Epstein, a University of Chicago law professor emeritus and a New York University law professor, has raised concerns about the endowment for years and advised the local nonprofit Protect Our Parks with legal challenges to try to stop the Obama Center’s construction.
Epstein argues the foundation’s failure to fund its endowment confirms his long-held view that the city never should have signed over the large section of Jackson Park.
"They put a million dollars into a $400 million endowment, so it’s endowed. That gets you in jail as a securities matter," Epstein told Fox News Digital. "An endowment means that you have the money in hand. But they have nothing. They just have the same $1 million that they put in in 2021 as far as I can tell. So, I regard this as something of a public calamity."
An endowment is a pot of money meant to earn enough interest each year to cover operating costs without touching the principal in order to avoid the taxpayer stepping in.
"Without an endowment, they’ll have to scramble every year to cover $30 million in operating costs," Epstein said. "The whole point of an endowment is to avoid that volatility. They just haven’t endowed it. Of that I’m 100% sure."
Epstein argues that if the foundation or center falters, the public could be saddled with traffic rerouting costs, environmental impacts or even the bill for an incomplete building.
"Nobody knows exactly who is responsible for what if the project is abandoned or incomplete," Epstein said. "There is a risk that the public will then have to bear that loss because the foundation won’t have the money."
Epstein said the city has effectively looked the other way, declaring the foundation "compliant" on the endowment despite only $1 million ever being deposited. It's proof, he argues, that officials never intended to enforce the requirement. . . .
 
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