Results tagged “billions”

Building Plans to Stretch Loop's Boundaries

A city commission recommended Chicago's Loop area receive $15.5 billion for building developments and transportation improvements by 2020, Chi-Town Daily News reports. Area residents protest, saying such a plan would negatively affect residents' "quality of life" by increasing the population and straining resources in the area, including parking. One resident who spoke against the plan at the Saturday afternoon meeting said that besides changing the character of the South Loop, the money designated for the plan would be better spent on lower-income areas in the city.

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