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Old Posted Jun 11, 2021, 10:54 PM
SamInTheLoop SamInTheLoop is offline
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Join Date: Sep 2006
Posts: 5,546
Quote:
Originally Posted by galleyfox View Post
The transit mall/shopping center is already dead in the water since it depends on state money and has minimal practical transit use.

If there happens to be enough money to deck over the tracks, the lake views and proximity to the Loop would be the selling point, not so much the stadium.

So basically zero impact since the Bears only play 8 home games a year, and the stadium aspect is just a political sweetener for a highly controversial project.

If the financial fundamentals exist, it will get built stadium or no stadium. If not, the Bears and Soldier Field won’t tip the scales.

The more I think about this project (which isn't much to begin with), the more preposterous it seems.

Which is a shame, because it is ".....key to the social and economic transformation of Chicago."

With full awareness of the very significant infrastructure costs here, am I crazy to think that if they propose something 1/3 or even 1/4 as over-the-top ambitious it could potentially have a shot at realization at a profit?

Otherwise, this is an entitlement/land play?
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