With a public price tag already exceeding $300 million, the 23-year-long effort to rejuvenate the area around the former public housing project is set to take at least 12 more years and could approach a total of nearly $1 billion.
Everything in Chicago or Illinois is directly related to the Deep Tunnel. The model for perpetual projects. Don’t ask for completion timelines, we’ll only lie to you!
Streeterville
4 years ago
I’m confused. “Cabrini-Green” projects are mostly demolished, and either its former housing sites either rebuilt as market-rate housing (some affordable units interspersed) or commercial developments. The Cabrini Green towers are gone, long gone. Only “Cabrini-Green” housing still remaining are the original semi-occupied rowhouses near Chicago Avenue, so what’s supposed to cost $600 million to refurbish? Perhaps Walsh or McHugh construction companies need more government-funded contracts? Lightfoot wants to spread more largesse alternately to minority contractors to buy re-election votes?
Rick
4 years ago
Hoover Dam was done in 5 years, Golden Gate Bridge done in 4 years. But when lawyers run projects in Chicago we get this, 23 years with no end in sight. Chicago,
“the city that works”, I don’t think so.
P. T. Bombast
4 years ago
It can’t be made indestructible. The billion (or whatever that escalates to) be will simply make it harder to wreck and harder, eventually, to tear down. Let’s build a tent city and plan to sell small lots when a group of tent-dwellers accumulates enough money for a down payment on an 8-10 unit place. Maybe bigger. There need to be enough “owners” with enough skin in the game to protect their equity. Doubtful that one could find conventional lenders, but this would be just the thing for the teachers’ pension fund CRT bozos to put their money where their MOUTH… Read more »
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Everything in Chicago or Illinois is directly related to the Deep Tunnel. The model for perpetual projects. Don’t ask for completion timelines, we’ll only lie to you!
I’m confused. “Cabrini-Green” projects are mostly demolished, and either its former housing sites either rebuilt as market-rate housing (some affordable units interspersed) or commercial developments. The Cabrini Green towers are gone, long gone. Only “Cabrini-Green” housing still remaining are the original semi-occupied rowhouses near Chicago Avenue, so what’s supposed to cost $600 million to refurbish? Perhaps Walsh or McHugh construction companies need more government-funded contracts? Lightfoot wants to spread more largesse alternately to minority contractors to buy re-election votes?
Hoover Dam was done in 5 years, Golden Gate Bridge done in 4 years. But when lawyers run projects in Chicago we get this, 23 years with no end in sight. Chicago,
“the city that works”, I don’t think so.
It can’t be made indestructible. The billion (or whatever that escalates to) be will simply make it harder to wreck and harder, eventually, to tear down. Let’s build a tent city and plan to sell small lots when a group of tent-dwellers accumulates enough money for a down payment on an 8-10 unit place. Maybe bigger. There need to be enough “owners” with enough skin in the game to protect their equity. Doubtful that one could find conventional lenders, but this would be just the thing for the teachers’ pension fund CRT bozos to put their money where their MOUTH… Read more »