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An estimate from a Northwestern professor suggests if 20% of the city's office stock was converted to residential, it could net 60,000 units. I assume most of which will likely be in the Loop and Streeterville: https://www.chicagobusiness.com/opin...rdable-housing
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I hope the Loop retains as much office space as possible. The city's rail infrastructure is literally built to move the city's population in and out of the Loop. CTA and Metra work best with the Loop remaining a big employment center.
Streeterville is not nearly as easy to get to, especially from the suburbs. I would wager a larger percentage of workers drive to their offices there vs. the Loop. It would probably be better from a city planning standpoint to have older offices there converted to residential than east Loop office buildings, for instance. |
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I remember when it was thought the London guarantee building couldn’t be renovated into a hotel. It lacked continuous exit stairs and was reliant on exterior fire escapes. The floorplans were non-conducive to anything but office. Well they made it happen and now it’s probably one of the best hotels to stay at in downtown Chicago. |
I keep seeing more and more license plates on the South Side from Florida and Georgia. Either we're all running into the exact same person (galleryfox is that you?), or more people from down south are moving to the city
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But I definitely think Chicagoans underestimate the potential for migration from the Southern states, especially as their housing markets have become much more expensive compared to wages. |
It's probably people who moved south coming back to visit family in the summer? Agreed about the potential for migration from the south, though.
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Enjoy auto racing for the next few years.
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While I hate the event draws attention to the fact our streets are wide enough for racing, I'm not going to lie, I'm kind of interested in watching this event.
On the positive side, having these races would be a nice economic boost, akin to having a large convention in town several consecutive years. |
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A bit fun, but silly news
Chicago is officially the 2nd best city in the world https://www.timeout.com/chicago/news...e-world-071222 |
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