Quantcast

Park Grill: The People's Restaurant

2007_11_parkgrill.jpgThe sweetheart deal negotiated by the investors of Park Grill and the Park District has been covered before. But a good story is worth repeating, so we'll remind you, the taxpayer, what you're paying for at Park Grill:

- garbage collection
- their gas bill
- half of the restaurant's construction costs (an estimated $4.2 million).

Oh, they also don't pay real estate taxes. Faced with such insurmountable odds, Park Grill's investors are finally starting to see some payoff on their investment. They've split over a half-million dollars in profits since the restaurant's 2003 opening (which we find low considering the cost of some of their plates). The Sun-Times writes in today's edition that the restaurant has become a $12 million operation while reminding us that their investment group is teeming with friends of Mayor Daley, including the pops-up-everywhere Fred Barbara. It's only reasonable to believe that they should be paying more for the privilege of a prime location. Or at least a cut of the pie, since we're footing the bill. It would seem fitting to walk into Park Grill for your reservation and ask the host "Ubi Est Mea" ("where's mine?").

Contact the author of this article or email tips@chicagoist.com with further questions, comments or tips.

Comments [rss]