Pritzker expects patience will be rewarded in luring EV-related industries to Illinois – Bloomberg
Illinois is close to landing about a dozen businesses tied to electric vehicles, building on EVs currently being made at Rivian’s factory in Normal, Gov. JB Pritzker said during a visit to the Twin Cities on Tuesday.
213 W. Institute Place, a vintage seven-story loft office building in River North just sold for 61% less than was paid for the building in 2017. It’s another data point illustrating the decimated value of office buildings as companies shedding office space have driven up vacancy and as higher borrowing costs have whittled the pool of prospective buyers. Many office properties in the heart of the city are now worth less than the mortgages tied to them, fueling a historic wave of distress.
Gov. JB Pritzker said in a prepared release, “We will not proceed with housing families on a site where serious environmental concerns are still present.” The release explain, “Given the significant time required to conduct additional sampling, to process and analyze results, and to implement corresponding further remediation, the state will work with 
“What we witnessed was millions of dollars going to nonprofits to manage a crisis that a Democratic mayor invited to Chicago. We saw migrant families sleeping on the streets, locals infuriated with the situation, and a crisis in the brewing.”
Ted joined Perri Small of WVON for a discussion on Gov. Pritzker’s inability to tell the truth about Chicago’s rising crime, including violent crime, the actions of Kim Foxx and the need for Chicagoans to consider a better prosecutor, why the entire Chicago criminal justice system needs to clean house and more.