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Old Posted Jun 5, 2019, 7:35 AM
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BVictor1 BVictor1 is offline
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Cool CHICAGO | One Central

I wanted to create a thread for anything 'One Central'. This may or may not be something, but it'll be fascinating nonetheless.

Help contribute thoughts and ideas.....



https://www.chicagobusiness.com/greg...op-megaproject

GREG HINZ ON POLITICS
May 31, 2019 06:48 PM UPDATED 10 HOURS AGO
State makes multibillion-dollar commitment to South Loop megaproject

Illinois could be on the hook for billions if a provision aimed at speeding up construction of a megaproject near Soldier Field is approved this weekend by lawmakers.

GREG HINZ
On Politics

Quote:
The state of Illinois potentially will be on the hook for more than $5 billion in equity and financing costs if a provision to speed construction of a megaproject near Soldier Field is approved by the General Assembly in this weekend’s extended spring session.

Elements of the deal for the huge One Central project have been in the discussion stage for weeks, with Bob Dunn of Landmark Development meeting with House Speaker Mike Madigan, Deputy Gov. Dan Hynes and other officials.

But actual language didn’t surface until Friday afternoon, when it was included in a must-pass budget implementation bill.
click here and go to pages 876, 904, 922, 941 and 978
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