Will Rahm Give Chicago’s First 24-Hour Skate Park the Green Light?

A few months ago former mayor Richard Daley proposed to plan, design, and construct a 24-hour skate park, to be built in the south side of Chicago, at the site of an unused bus station.

Daley’s proposition made it through Chicago’s legislature without any issues, but now the proposal has appeared on recently elected mayor Rahm Emanuel’s desk. And the proposal won’t be pushed through unless Rahm decides to provide the project with $2 million in funding.

Rahm seems to be intrigued by the project, but it remains to be seen whether or not he’s as interested in it as Daley was. It also remains to be seen whether or not he’ll be willing to provide the $2 million in tax increment financing.

The project, if completed, would provide young people and skateboard enthusiasts with a safe, secure place to play and skate throughout the night.

For more information about this project, or other real estate developments, check out posts like this one at the CondoDomain blog!

A Real Estate Blog by
A Real Estate Blog by CondoDomain