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The Barack Obama Foundation has received a major donation for the creation of a Chicago-based sports facility. According to Forbes, Nike gifted the organization $5 million for the development of an athletic hub that will be a part of the Obama Presidential Center.

The public facilitywhich will be constructed inside of the South Sides Jackson Parkwill offer free programming for Chicago natives and tourists alike. The purpose of the facility is to unite individuals in the local community through sports and fitness initiatives. Our belief in the power of sport to transform lives is why we work with organizations like the Obama Foundation because whether its on a global scale or at the grassroots level, weve seen whats possible when sport brings us together, wrote Nikes Chief Social & Community Impact Officer and Nike Foundation President Jorge Casimiro in a statement. Our approach to these community partnerships is grounded in the knowledge that kids who move will move the world. And for those facing the steepest barriers, the benefits of play and sport have an especially powerful ripple effect.

This marks the first time in history that a presidential center will encompass a sports facility. This isnt the first time that Nike has teamed up with the Obamas. Seven years ago, the company made a $50 million investment in former first lady Michelle Obamas Lets Move! Active Schools initiative which was designed to introduce youth to healthy lifestyles. The highly anticipated presidential center will be one-of-a-kind. Aside from the librarywhich is being created in collaboration with the Chicago Public Librarythe campus will reportedly feature a museum, a space designed for public meetings, a playground and green spaces.

According to Curbed Chicago, there is no word on when the $500 million project will begin construction.

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Nike Gifts The Barack Obama Foundation $5 Million For The Development Of A Sports Facility - News One