View Single Post
  #18275  
Old Posted Feb 2, 2021, 10:01 PM
mark0 mark0 is offline
Registered User
 
Join Date: Apr 2012
Posts: 126
This being Chicago and Illinois they will probably sell at the absolute bottom of the commercial real estate meltdown and get even less than than what it's worth and the deal will be loaded up with probably all kinds of legal requirements to upgrade the mass transit for the winning developer (which will be some REIT from NYC or Houston) that will cost taxpayers more than the sale nets. The site will languish for years and ultimately become some blue glass boring box and we will lose an invaluable icon of 20th century architecture and our history while all the elderly IIT trained box drafters will cheer the newest box. It might not even be blue, it could even be blue green.

This city and state need new blood, new thinking and a regime change like nowhere else and badly.
Reply With Quote