To see how Chicago has changed under Mayor Richard M. Daley, walk through the Near South Side.What two decades ago was an urban desert, best known for it Skid Row, now is a place of glittering condo towers, bustling stores and restaurants. The population - including Rich and Maggie Daley - has tripled since 1990 while income has more than quadrupled.Just four miles south, in Washington Park, where Mr. Daley hoped to host the 2016 Olympics, population is down, jobs and stores are scarce, and incomes are a tiny fraction of those in the South Loop.
It seems like that's the moral of the story...the neighborhoods surrounding the loop have flourished in the recent years, while the other further outlying neighborhoods have struggled. Although it's an unfortunate and tricky dilemma, in our biased opinion it seems to be forward thinking giving some of the struggles of other "rust belt" and Midwestern cities.
While most Midwestern cities have struggled to evolve from industrial powerhouses to professional cities, it seems like Chicago has made an attempt to move in the direction of a city that attracts well educated talent that services international companies. Will it continue to thrive or struggle as other cities also move in this direction? Who knows...but we would love to hear your thoughts on this topic.