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re: Bears to request more than $2 billion in public money to fund $4.6 billion stadium.

Posted on 4/24/24 at 11:12 am to
Posted by nvasil1
Hellinois
Member since Oct 2009
15947 posts
Posted on 4/24/24 at 11:12 am to
Chicago is in the express lane to becoming a new Detroit.

The CTU is demanding annual raises of 9%. Over $200 million being spent on illegals. Over a billion in bonds being sold to spend on "economic development". There are record numbers of office and retail vacancies in the Loop and Mag Mile. Illinois has the highest property taxes in the country, and a taxpayer is moving away every 8 minutes.

Great timing for the Bears and White Sox to ask for billions.

No one knows why the Bears suddenly pivoted away from Arlington Heights and back to the city. And it was recently revealed an Iraqi billionaire owns the land around the area where the Sox want their new ballpark. This all seems like typical crooked Chicago shite.
Posted by ChiGator
Member since Nov 2020
3285 posts
Posted on 4/24/24 at 11:24 am to
Oh stop with the hyperbole. IL’s population decline is largely contributed to a shrinking population in southern/central IL. Loss of huge companies in Peoria/Decatur (Caterpillar), etc has ripped away opportunities down there.

Chicago is fine. Yeah the pension budget issue is big problem but it’s still a huge global hub for tons of industries. It’s becoming the tech hub of the midwest. It’s not just going to turn into Detroit next year ??
Posted by Wally Sparks
Atlanta
Member since Feb 2013
29288 posts
Posted on 4/24/24 at 2:47 pm to
quote:

No one knows why the Bears suddenly pivoted away from Arlington Heights and back to the city.


Dispute over property tax revenue.
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