About 2 or 3 months ago, word got out that the negotiation to turn Michael Reese Hospital into the 2016 Olympic Village had stalled. The reason was said to be due to demolition and environmental clean-up costs which had significantly changed. This in turn, through the whole negotiation off supposedly.
Well according to the Sun Times, the negotiation is back on and Pat Ryan is on the case (Chairman of the Olympic Bid, Former President of Aon, and Big Bad Chicago Businessman). If it doesn't work out, I'm sure he can foot the bill, he definitely has the money.
Another interesting thing coming from this article is that Ryan expects to show off the city's final Olympic plan in Mid-December.
Maybe they incorporated Sloopin's Grand Plan? Doubtful though.