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The park surrounding the center will offer play areas, walking paths, and a sledding hill, all connected by a long pedestrian promenade that joins the center to Jackson Park and runs alongside its beautiful and historic lagoons. The facility is expected to open in 2026.
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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And shortly after opening, the park and edifice will become a haven for the homeless, drug dealers and gangs as with the advent of the internet, nobody really needs a library anymore.