Friday, October 17, 2008

How the City will pay for the Olympic Village

Although this article is from July 08, it goes into depth on how the city is going to fund the $85million for buying the Michael Reese Hospital and turning it into the 2016 Olympic village.

Again, for the South Loop and the future development of the south side, I think this would be good. However, from a ordinary citizen's perspective I could see how they would be a little weary.

Also, about three weeks ago the Sun-Times reported that this sale had hit some bumps and is now uncertain. Stay tuned...there is still a long way to go with the Olympic bid.

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