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Old Posted Aug 2, 2023, 6:05 PM
twister244 twister244 is offline
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Join Date: Aug 2016
Location: Chicago
Posts: 5,101
Quote:
Originally Posted by BrickellBased View Post
Record hotel and visitor revenue for Chicago surpasses 2019

https://gov.illinois.gov/news/press-release.26700.html

With Commercial in the doldrums Residential and Hospitality seems up to the task of picking up the slack.

This is green light for Tribune East baby!

Note: Fiscal years in IL end June 30 so '23 is done.
Yeah, it's a weird time. If you walk around downtown, you would never think office vacancy rates are in the crapper. It's good for residential/hotel mixed use proposals. I find this news especially good considering how bad some other CBDs across the country are doing.
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