Michael Reese Olympic Plan Passes
By Marcus Gilmer in News on Dec 17, 2008 6:00PM
After reworking the deal to appease aldermen who were worried about a lack of minority- and women-owned contracts, Mayor Daley's plan for the $1.1 billion Olympic Village at the site of Michael Reese Hospital has been passed by a City Council committee and is expected to be passed by the entire Council later today. The change: "Instead of demanding that union apprentices fill 5 percent of the "worker hours in the building trades" generated by Olympic construction projects, Chicago 2016 will make its "best efforts" to achieve 10 percent." Several aldermen expressed concern after Chicago 2016 chairman Pat Ryan admitted earlier this week that minority-led companies have only accounted for six percent of contracts thus far.