Lol Streetsblog covered the full meeting and apparently it was an even bigger mess than what I saw in the first 30 minutes
With new details emerging, state funding for One Central makes even less sense
https://chi.streetsblog.org/2021/07/...en-less-sense/
- Illinois is
legally required to follow through with state funding and cannot back out unless a new bill undoes it
- The bus system they're building is going to be an "autonomous vehicle" network
- One Central is partnering with a Chicago Bears to allow them to run several establishments. So the Bears are probably bluffing about moving to Arlington Heights
- They're looking into brining manufacturing back to the U.S. Steel site
- The ignored questions about why they new state funding if the project is already financed