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The developer was asking for the city to acquire 400 S. La Salle by eminent domain, a risk for the public treasury. The Cook County assessor puts its market value at $58.6 million; insiders believe it will sell for much less, perhaps to somebody who would build a data center in the space. The prospect could disturb anybody who roots for the central Loop’s revival.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
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.
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Summary and audio linked here.
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Audio and summary
Wow. They should have just left the old 1903 LaSalle Street Station there. What a waste.
That damn “reality” thing always seems to pop up. What gives?
Esports enthusiasts live in their parents’ basements in the suburbs. They’re not travelling to McCormick Place or the former COBE trading floor to watch or play esports. The developer would have more success converting a empty big box store in the suburbs into an esports event. Heck of a lot cheaper too. In many suburbs, those empty flagships big box stores stay vacant for years. Heck, there’s still some empty Kmarts and Dominicks stores out there too.
CBOE