HOFFMAN ESTATES, Ill. (CBS) — Northwest suburban Hoffman Estates could soon be the home of a new veterans’ museum.

As WBBM Newsradio’s John Waelti reports, the proposed veterans’ facility would feature a library, a military park, and a housing project for veterans.

National Veterans Museum President Joe Cantafio says they chose the Chicago area because a high concentration of veterans resides in Illinois, and because of the central location.

Organizers hope to raise $600 million in less than two years, and complete the project by 2016.

The Daily Herald reports U.S. Sen. Mark Kirk (R-Ill.), Rep. Robert Dold (R-Ill.) state Sen. Michael Noland (D-Elgin) and Secretary of Defense Leon Panetta are all backing the idea.

LISTEN: WBBM Newsradio’s John Waelti reports

(TM and © Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS Radio and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed. The Associated Press contributed to this report.)

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