A new look at One Central, but the $6.5 billion ask for public subsidy is the same
Landmark Development wants taxpayers to pick up the $6.5 billion tab for a proposed transit center. We say no.
Source: suntimes.com
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Where's the evidence that Chicago can afford — or even needs — One Central? | Letters
Landmark Development One can read Ray LaHood’s opinion piece on One Central and only think, when did LaHood join Landmark Development’s payroll? While LaHood, a former U.S. secretary of transportation, enthusiastically touts the benefits of public-private partnerships, he glosses right over several concerning aspects of the ONE Central proposal. First, LaHood doesn’t mention the amount of tax dollars Bob Dunn is seeking for his private development — $6.5 billion — in a time when Illinois and Chicago are in fiscal crisis. Is giving this amount of tax money to a private developer real...
Source: suntimes.com
One Central developer says lakefront megaproject near Soldier Field on track after deal inked with Metra
Bob Dunn of Landmark Development has an agreement for his project to build on air rights over commuter tracks near Solider Field.
Source: suntimes.com
Metra supports huge Chicago proposal for One Central development
The commuter rail agency says the $20 billion development is a "golden opportunity" to boost its operations.
Source: chicagobusiness.com
Editorial: Taxpayers in no shape to subsidize downtown Chicago megaproject One Central
Before the city and state embrace a project—and price tag—of the scale One Central pitches, its developers must make an irrefutable case for how and why every facet of the mega-project benefits Chicago. So far, they haven’t.
Source: chicagotribune.com