CITY JOURNAL
Beneath Chicago’s Gloss
by Aaron M. Renn
September 24, 2015
How it is possible for a city this booming to be this broke?… Chicago’s Loop hums with life and commerce today. A parade of companies, including Kraft and Motorola, has moved from the suburbs into the central business district. The greater downtown apartment market is booming, with thousands of new units being constructed. Chicago hotels will add 2,200 new hotel rooms this year to accommodate throngs of tourists…Sipping wine on the Riverwalk while watching the architectural tour boats cruise by, one struggles to reconcile Chicago’s seeming vitality with headlines such as, Five Reasons Chicago is in worse shape than Detroit. READ MORE