For years, public leaders have touted low interest rates as a fantastic opportunity to borrow money to modernize America's aging infrastructure. That opportunity looks to be ending, as rising interest rates batter the municipal bond market.
Jun 28, 2013 The New York Times
Final plans for what will become the longest elevated park in the world where unveiled this week in Chicago. The 2.7-mile rail-to-trail conversion has been branded as The 606, a nod to the zip code digits shared by the neighborhoods along its route.
Jun 19, 2013 Chicago Tribune
Greg Hinz tours the unfinished 'superstation' under Block 37 in the central Loop, built by the Chicago Transit Authority at a cost of $218 million. It would cost an estimated $150 million to complete, a sum that's unlikely to be raised anytime soon.
Jun 17, 2013 Crain's Chicago Business
It turns out New York isn't the only large city struggling to get its heralded bike-share system off the ground. Chicago's rush to launch Divvy has hit a snag, delaying the program's launch by two weeks.
Jun 13, 2013 WNYC: Transportation Nation
Last year, Chicago experienced a surge in gun violence that drew national attention. So far this year, shootings and crime are down significantly thanks to a mix of tactics employed by city leaders. Is the drop in crime sustainable?
Jun 11, 2013 The New York Times
Ben Austen traces how foreclosures, crime, and depopulation have decimated areas in the South and West Sides of Chicago, and the 'do-it-yourself empowerment zones' that are trying to make use of vacant properties and turn around these neighborhoods.
Jun 2, 2013 The New York Times
Not to be outdone by its big (and small) city brethren, the nation's third largest city is launching its long-awaited, and relatively secretive, bike-sharing program next month. And according to Paul Merrion, they're starting with a bang.
May 29, 2013 Crain's Chicago Business
The value of a single life lost or destroyed by gun violence is incalculable. But the cumulative impact of such savagery has consequences for a city's economy in the form of 'shuttered businesses, lost wages, disability checks and depopulation.'
May 28, 2013 Bloomberg
The $176 million Phase I design concept for Navy Pier unveiled last week promises a "parklike" feel along the banks of Lake Michigan.
May 24, 2013 Chicago Tribune
Seeking to trim budgets and 'distribute scarce resources more efficiently,' Mayor Rahm Emanuel's controversial plan to shrink Chicago's school system moved ahead yesterday with the Board of Ed's vote to shut 49 of the city's elementary schools.
May 23, 2013 Chicago Tribune