this plan creates a new complication all its own: a financing scheme that involves borrowing nearly $1.2 billion and extending five taxes beyond their expiration dates: Tax dollars collected in 2066 still would be paying off a deal cut a half-century earlier, in 2016. [...]
By law both proposed museum sites are submerged lake bottom and have special protections. [...] If you're a citizen, you own what's called a fractional beneficial interest in this public trust land. You can use it.
— Editorial Board – chicagotribune.com
Get caught up on the rocky development history of Chicago's Lucas Museum of Narrative Art:
1 Comment
This is a helpful illustration that design-- good, bad, whichever-- is only one of many factors in development.
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