I get the need to invest in the Lakeside Center, which apparently needs many millions of dollars in repairs to keep the building viable, but something about putting a casino on the lakefront seems tacky to me. We have a world class waterfront with a massive, nearly uninterrupted lakefront park system, and having a casino there just seems wrong. IMHO.
And yes, the river is technically our second waterfront, but its not nearly as high visibility as the lakefront in this instance.
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Originally Posted by thegoatman
Can we tear Dearborn Park up? I'm sure some developers can buy up all the properties and redevelop it. Real estate is too prime for some little 1 story townhomes.
But I agree, love the riverwalk integration. I honestly think with this the riverwalk could be extended all the way to Chinatown and the Architectural boat tours could come this way too.
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Its funny you mention that, I have a realtor friend who works for @properties that says that's supposedly exactly what's going on. According to what he has heard, developers are buying up properties as they go to market and rent them out, waiting to get to a tipping point where they can demo the entire development. As this is all hearsay, take it with a grain of salt. Might actually be true, and might also be absolute nonsense. The optimist in me hopes its the former rather than the latter.