Planned Blue Island Data Center Draws Concerns From Southwest Siders – Block Club Chicago

The MetroSouth Medical Center closed in 2019; in the years since, the 12.5-acre property has been shopped as a potential film and TV production campus or a research hub. Builders Capital took ownership of the property after calling in a $44 million note on the property’s former developers.
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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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