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Also Chicago just structurally has too much commercial zoning on grid streets relative to population, so only certain streets will really thrive and it's sometimes counter-intuitive which ones. Go to plenty of S Side neighborhoods and you'll see well-maintained homes and beautiful side streets but lots of empty lots and vacancy on the main streets. Should also point out that the flow of immigrants that kept refreshing these areas and bringing new businesses in has really dried up. We are in a very long dip in immigration levels to Chicago... So in lieu of a new immigrant group coming in and colonizing Bryn Mawr, the city and alderman will have to start allowing new, denser buildings on that stretch AND get used to a future with fewer businesses on the street. |
^ I fear the same happening to Devon Ave, which would really be sad because Devon is a recognized name in the South Asian community--all over the US.
However, as of right now there is still a flow of immigrants to West Ridge, although it isn't really the same group that was arriving in the 70's and 80s. Now I suspect it's more Hyderabadi (and perhaps Pakistani?) Muslims, as well as some people from African countries. So the transformation of Devon from Hindu Indian to a more predominantly Islamic corridor that has long been underway continues unabated. Most of the Hindu (ie "Indian") Indians have moved towards shopping in the suburbs, where there are far more convenient options. |
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the trail that continues north all the way up thru west ridge/lincolnwood/skokie/evanston follows the north shore channel (a manmade canal dug in the early 20th century to help flush out the north branch with lake water). unfortunately, there isn't a continuous off-street bike trail the hugs the north branch of the river until you get all the way west out to gompers park, west of pulaski, so you gotta use the bike lanes on lawrence or side streets to get through albany park. i guess foster is also an option, but it gets too nebulously 2 lane/4 lane at different point along that stretch for my liking as a cyclist. but once you're at the trail head in gompers park, you can ride along the north branch off-street all the way up to the chicago botanic garden. i highly recommend that ride if you've never done it. |
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Given that it appears severe weather events due to climate change fluctuations are seemingly getting worse year after year in the West and South, I think I'm gonna stay right here for the foreseeable future.. |
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So I looked it up and found an article from this year. Northeastern Illinois bought up many of the businesses through eminent domain with the plans of expanding the campus with 300,000 square feet of housing and mixed use on Bryn Mawr but cancelled leaving much of the area with vacant buildings (all the University did was kick everyone out and left the buildings as is but now empty) and thus it spiraled from there. And on top of that landlords can get lower property tax rate if the space is not leased, not just the University. It's hard to get businesses in next to vacant buildings. That is enough for building owners to just leave buildings empty - I'm not sure if the law has been changed but this was recent as of a few years ago and even if the law has changed the damage may have been done already. Reading about this street and vacancy, the residents of the area want something like a bars, restaurants, some retail and mixed use developments. Good luck if the University still owns it - and even on the street were the University doesn't own, its hard to attract investment with vacant stuff nearby. Bryn Mawr https://i.ibb.co/d6dTC4W/Bryn-Mawr-Block-Crop.jpg https://news.wttw.com/sites/default/...?itok=DBJe4AZB |
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Some positive news regarding Chicago's 2021 ParkScore. After adding equity as a metric, the City now ranks 5th (Washington D.C. is first, St. Paul is second, Minneapolis is third, and Arlington, VA is fourth). In 2020, Chicago ranked 10th.
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but don't sleep on Bryn Mawr Breakfast Club. it's an excellent brunch spot with a great patio in back. the next time you're up in North Park, check out the retail strip of foster between northeastern and north park university. it's way more occupied than bryn mawr. |
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The property tax break for vacancy is essential. Small-time landlords could go under after losing a tenant, unless their holding costs also go down. It's not some conspiracy to keep property vacant. Northeastern as a public institution pays no tax at all, nor are they required to turn a profit so it's a different story if they are still holding the properties. Also, legacy buildings are different from new mixed-use buildings. Legacy buildings need cash flow and a vacant space is negative cash flow even with a property tax break. New mixed-use buildings are often planned from the start with the idea that the retail space will sit vacant; the income from the apartments above covers the holding cost for the retail space indefinitely. If a retail tenant comes along, that's just gravy but it's not make-or-break. |
John Kass is leaving the Tribune
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If I was a big real estate investor playing a long game, I would be taking a hard look at Chicago. Shit, there's this growing thought in my brain to sweep up a cheap condo here so I have a place to crash when I want, before prices go up. Chicago is very well positioned to ride out climate change..... |
^ Pfft, people need to give that wishful thinking a rest, dude.
This idea of global warming and available freshwater fulfilling Chicagoans’ fantasy of people bolting en masse from the coasts (which are now under water!) and the South to the shores of Lake Michigan, whereby Chicago asserts its destiny of being the supercity of the Western Hemisphere is.........like.........never gonna happen. I used to think fondly about that possibility as well, but don’t hold your breath. Not only will it take a LONG ASS time for any of that to happen, but I’m pretty sure that over the decades the hundreds of millions living in these other regions of the country, plus innovation and investment will continue to make those parts of the country just as livable as ours. Unfortunately, what we can’t fix is our weather, nor do we have the political will to fix the one thing that truly can be changed for the better: the legal abstraction that forces us to way overpay people for a service that they once provided us years ago (ie pensions), all because they gamed the system and future generations are forced to indentured servitude to make up for. Who the hell is going to come here to join this clusterfuck of a financial albatross? |
^ Maybe coastal cities will build their way out of flooding with levees and dikes, but I don't see property owners getting over their own selfishness in those places.
Just recently, I was reading that Miami can't agree on a floodwall because people are too worried about their property values, but you know what really kills your property values? Catastrophic floods happening regularly. I think for a lot of these coastal areas, people are gonna have to find out the hard way when the big one comes, before agreeing to an ugly levee cutting their neighborhood off from the water. There's a similar dynamic out West with wildfires. In both cases the obstacle is rich people who bought their dream home in a vulnerable place and will fight like hell to make sure they don't have to deal with the consequences of their choices (levees, forced relocation, higher flood insurance premiums, etc). Of course, when the big one comes a lot of people get displaced, and many end up relocating permanently. Will they come to Chicago? Doubtful. It's about as far from the coasts as you can get, and doesn't have a reputation for affordable living or job creation. I assume most of the relocations will be to inland Southern and Western cities that are already seeing growth - Nashville, Austin, Charlotte, SLC, Denver, Boise, etc. |
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There will likely be more events--extreme heat summers, droughts, hurricanes--that displace thousands of people in a short period of time. It happened during the dust bowl. I know people who went to Boston from Santa Barbara because of fires. Katrina sent people all over the country. In the future, just like today, most of those people will go to places that are currently experiencing growth. Chicago and Minneapolis will probably get more of them in the future than we do today, because we will be relatively more appealing than we are today. My expectation is that in a couple decades, Chicago will grow 0.5% faster (or shrink 0.5% less slowly) than it would absent the affects of climate change. |
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Which leads us to the question of whether Chicago stands to benefit from that migration. Who knows? We have fresh water, reasonable cost of living, and jobs. We also have extreme cold in winter, high levels of violence, and stagnant population growth. Pure numbers would suggest that Chicago would benefit, but I don't see anyone expecting 500,000 new citizens like the Great Migrations brought us. Dustbowl reference: Quote:
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If this year is any indication of the kind of weather Chicago is going to start having because of climate change, then I don't see why it wouldn't affect migration patterns. It's been 80-90 degrees and sunny since like May 1st...
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And we had the shittiest February since shit starting existing. That month, my managers had to make countless treks out to my properties to clear feet of snow off of the sidewalks and walkways, costing me mucho $$ Pipes froze and flooded. Yeah, we're on our way to becoming Arizona... |
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CPS laying off 443 teachers and support staff. CTU not happy:
https://www.chicagotribune.com/news/...hvu-story.html |
SOM with some out of this world architecture.....
https://news.wttw.com/2021/06/15/ski...heFGksYA0k3ZLM |
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