President Obama's Presidential Library to Be Built in Chicago

President Obama says Chicago's South Side is where his career began.

— -- President Obama has chosen the Windy City to be the home for his presidential library.

"All the strands of my life came together and I really became a man when I moved to Chicago," Obama says in a video message announcing his decision. "That’s where I was able to apply that early idealism to try to work in communities in public service. That’s where I met my wife. That’s where my children were born."

The Obama Presidential Center will include a library, museum, offices and meeting space, according to the announcement. It will partner with the University of Chicago, where Obama taught law school between 1992 and 2004.

The selection of Chicago concludes what has been a 15-month-long bidding process, during which over a dozen potential sites were considered.

The Foundation said it would "maintain a presence" at Mr. Obama's alma mater, Columbia University, in New York City. Officials also planned to develop a "lasting presence," perhaps in the form of a satellite institute or university partnership, in Hawaii, Obama's birthplace.

The Obama Foundation said that "economic development opportunities, community interest and engagement and the potential for academic and programmatic collaboration," were key factors in the decision-making process. The final decision was made personally by President Obama and First Lady Michelle Obama.

The bids to host Obama's legacy library and foundation were in part a bid for the economic development that comes along with it.

The University of Illinois at Chicago, University of Hawaii in Honolulu, and Columbia University in New York City were also finalists in consideration for the library.