President Barack Obama and First Lady Michele Obama are featured in a video formally announcing Chicago as the pick for the presidential library and museum. 

"With a library and a foundation on the South Side of Chicago, not only will we be able to encourage and affect change locally, but what we can also do is to attract the world to Chicago," Obama said in the video.

"All the strands of my life came together and I really became a man when I moved to Chicago. 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," he added.

The Barack Obama Foundation posted the video around 5:00 a.m. Tuesday along with the phrase "Sweet Home Chicago."

Although the University of Chicago will be the home of the physical library and museum, for which city and state lawmakers recently paved the way, the other top contenders for the presidential library will also be a part of the process in some capacity.

"As a future neighbor and collaborator on the Center, the University of Chicago has pledged to make resources and infrastructure available to the Foundation in the near term for its planning and development work," reads a statement from the Barack Obama Foundation.

"The Foundation intends to maintain a presence at Columbia University for the purpose of exploring and developing opportunities for a long term association. In addition, the Foundation will work with the state of Hawaii to establish a lasting presence in Honolulu. Within Chicago, in addition to its association with the University of Chicago, the Foundation also plans to collaborate with the University of Illinois - Chicago," the foundation's announcement continues.

Here's a look at the full video announcement: