-- Connecting the dots between our economy, government and business --
According to officials, Bucktown development, spurred by a $20 million investment, will reinvent Vienna Beef's "once beloved" factory location at 2501 N. Damen into a mixed-use space. It's also set to house company headquarters, with "state-of-the-art" offices for approximately 50 employees.
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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Best hot dog in the world. Chicago style dogs are the best.
Where’s the Beef?