Advisers Already Planning Obama Library

“Early next year, Obama advisers are expected to announce a search for a home for Mr. Obama’s foundation and library, a project that some of the president’s closest financial supporters estimate could cost more than $500 million,” the New York Times reports.

“The legacy project has proved magnetic to Obama lifers both inside and outside the White House. Marty Nesbitt, a Chicago investor who is so close to Mr. Obama that he amounts to the effort’s presidential seal of approval, is leading the outside campaign. He is working with the president’s go-to fund-raiser and 2012 deputy campaign manager, Julianna Smoot, to offer the first caresses to potential donors. Anita Dunn, Mr. Obama’s former communications director, is preparing the media strategy.”

“Already, suitors from Mr. Obama’s home and adopted states — and even New York, where he lived for two years as an undergraduate — are expressing interest in landing the library. But it is Chicago where the competition is most fierce.”