South Loop research center finally gets big check from Pritzker – Crain’s*

After years of promises from two governors, the budding Discovery Partners Institute in the South Loop finally is getting the first installment of the state help needed for a project considered key to Chicago’s growth as a tech center.

Gov. J.B. Pritzker announced that he has released $142 million for various university research projects, including $23.5 million for design of DPI’s 500,000-square-foot headquarters in the 78 development at Roosevelt Road and the Chicago River.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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