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Take opportunity to make Illinois a true innovator
It's been about five months since federal stimulus dollars were dispersed, and everyone's analyzing whether the funding is creating enough — and the right — jobs. Recovery funding was intended to boost a weak market, so counting jobs is one measure of success. But the American Recovery…
Slow zone
Chicago's economy has long been tied to its role as the nation's transportation hub, a position threatened by the recession. While moving goods and passengers by air, truck, rail and barge accounts for barely 3% of Chicago's economic output, the transportation and warehousing sector draws…
Downtown revival readied
It reads like a lavish and bottomless wish list, but Chicago's $15.5 billion proposal to rejuvenate and expand transportation, parks and commercial space downtown is moving forward, despite uncertainties about the economy and whether the city will host the Olympics in seven years. There has…
New TIF in Olympics deal
Mayor Richard M. Daley is backing a South Side alderman's push for a tax-increment financing district near Washington Park, part of City Hall's effort to build support for Chicago's Olympics bid. Alderman Willie Cochran (20th) proposes a TIF district running south from 55th Street to 63rd…
Chicago suburban downtowns: Officials find ways to lure businesses
kie's new twist on attracting restaurants and retailers to its struggling downtown made all the difference to Robyn Mendheim, who plans to use a village "rebate" of up to $50,000 to rehab the interior of a century-old building. "Without the village's help, this wouldn't have been possible," to…
A bright shoe store helps lead West Haven's recovery
Chicago’s West Haven neighborhood historically has been among the city’s more deprived. It was known for the massive destruction and divestment caused by the 1968 riots over the assassination of Dr. Martin Luther King, and for dreary public housing. However, the square-mile…
A cure for congestion, but is Chicago ready?
Last year, Chicago was in the running to receive a grant of more than $150 million from the U.S. Department of Transportation that would have gone towards addressing the road congestion that has plagued the region. Today, after a missed deadline, the funding is gone. But the traffic is still…
How Should Illinois Spend Stimulus Money?
At this hour, U.S. Representatives are hashing out the details of an $825-billion economic stimulus package. They're expected to vote on the matter today. …
Bus rapid transit: another opportunity?
Bus rapid transit is a cost-effective service that would better connect existing rail stations (and isolated communities), expand convenient transportation options for residents and visitors, and create new development opportunities for neighborhoods when the economy is once again on the…
Transit funding: Changes Obama should count on
It's almost game time for President-elect Barack Obama, and wisely, economic recovery is the first item in his playbook. The administration-in-waiting understands that any economic recovery package must not only be a fiscal defibrillator but also signal seismic change from a system…

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