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Originally Posted by Ricochet48
I live in River North and am part of the target demographic and still do not want it there. The 78 or McCormick make way more sense logistically. I would go to those on occasion with friends (and the city generally needs the tax $).
It will be secure inside, for sure, but degenerate gamblers & thugs will stumble across the new bridge to Ward Park, yikes. If you want a quick foreshadowing, just walk down state between the two 7-11's, Snickers, and Rossi's...
Oh an property values will definitely drop too. The construction will take a while, but will likely accelerate my move to a townhouse in Bucktown, Wicker, or LP, etc.
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If you think this will ruin your property values, I'd be happy to take that condo off your hands for a discounted price!
For the record, I think this will improve property values and bring new customers to neighborhood businesses like Erie Cafe and Victory Tap. It will fill in the dead zone between River North and River West with a great, walkable neighborhood. I'm not sure what kind of "degenerate gamblers and thugs" you're picturing, but I'm pretty sure this class of people doesn't exist, and if they do, they're still gonna head out to Horseshoe or Grand Victoria.
Take a look at downtown Sydney, which has two large casinos. Both of them anchor large, high-end developments with great architecture and plenty of property value to go around, lol. Downtown Melbourne is the same thing. I have every reason to think Bally's in Chicago will turn out the same way if it is built as shown.