Quote:
Originally Posted by brian_b
There's only one site that will see the developers pay exactly $0 in taxes when they cash out, as long as they don't dawdle on their construction schedule. That's Michael Reese. They have a line out the door of people that want to put money into it.
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Yeah, that's why we've seen all of those construction cranes....
The south side of Chicago has been nothing more than a century long disappointment. Period (with a few exceptions, like Hyde Park). Don't bother showing us grand plans. Nothing meaningful will ever get built, and when you tear stuff down like Michael Reese, you are essentially creating a grassy lot for generations. Of course, I'm wagering that this is exactly what the Aldermen down there want, with all of their "invest here, but don't displace!" grandstanding...