Five years ago today we were reporting on the Olympics:
Mayor Daley intends to build an Olympic Village whether the 2016 Summer Olympic Games come to Chicago or not, the Chicago Sun-Times and the Chicago Tribune report today. This should come as no surprise. The Olympic Village will leave the city with 5,000 units of market-rate and affordable housing on more than 30 acres of land near McCormick Place. This dovetails with Daley’s downtown dream – in which the Loop sheds its identity as a drab office park and emerges as a so-called “24-hour downtown,” where children frolic in the Millennium Park fountain and people line up to see Broadway shows at renovated theater palaces. Residential development in the city’s center is a crucial part of that vision.