Decision to place Obama Library on South Side to be officially announced this afternoon

The Barack Obama Foundation will officially announce at noon its decision to place the presidential library on Chicago’s South Side.

The foundation shared its decision in a prepared statement this morning, accompanied by a video from the first couple.

President Obama said in the video that the library would “attract the world to Chicago,” adding, “All the strands of my life came together and I really became a man when I moved to Chicago.”

The decision brings to an end a more than one year process, beginning with a March 2014 Request For Qualifications. The University of Chicago–where Obama once taught constitutional law–was chosen over three other finalists, including Columbia University, the University of Illinois at Chicago and the University of Hawaii.

The University of Chicago has proposed either placing the presidential library either in Jackson Park, or just west of Hyde Park, where it would take up some of acreage in Washington Park.

The foundation is chaired by Martin Nesbitt, a Kenwood resident and friend of President Obama.