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Originally Posted by Marcu
^ DC has the demand to add as many as it wishes because of the jobs in the city center. There's simply a shortage of housing in the city, so if it can alleviate some of the pent up demand, it can easily add more people. Unlike DC, too high of a percentage of job additions in Chicagoland are still in the suburbs. Unless the CBD is able to attract at least another 150,000 jobs and effectively grow by 40-50%, I really don't see Chicago growing past 3.1 or 3.2 million. A high percentage of people seem to be attracted to proximity of work regardless of the physical environment they actually live in (see Texas, sunbelts). So whether it's Peotone, Gary, or some other S/SW location, we will need something. And since this is Illinois, it won't be Gary.
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Chicago's CBD, including North Michigan and the areas immediately adjacent to the Loop, has nearly 600,000 jobs already. It varies, but has been on a generally upward trend. If we say it's 550,000, then 150,000 new jobs in the city center would be 27% growth. To grow little over 25% by 2020 (12 years from now) isn't far off the city's longer-term economic growth rate. I think the Central Area can and will add at least close to 150,000 jobs by 2020 unless this downturn lasts more than 2 years (and it might).
But what woudl really help the city is to do whatever it can to encourage non-downtown-types of companies to locate in the neighborhoods. There are plenty of job categories that aren't great fits for a CBD, and they're just as important as any others when it comes to keep a city healthy and attractive.
And, perhaps most importantly, Chicago needs to be seen as a place where you can raise a family. Without families, it's only going to be able to grow so much. I think it's good for a city's soul to have kids grow up in the actual city.