Live Breaking News & Updates on Grant Deporter

Stay updated with breaking news from Grant deporter. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Special taxing district is needed to help ailing Magnificent Mile — but only if it's done correctly


Anthony Vazquez/Sun-Times
North Michigan Avenue has lost a good deal of its sheen this year, thanks to the pandemic and the summer’s unrest with its looting and widespread store damage scaring away shoppers.
So we support the creation of a special taxing district that would raise funds to revive the Mag Mile. But we also agree with the aldermen who put the brakes on the measure this week, claiming that rushing to approval in just five months, when the process normally takes a year or so, is risky.
“The SSA [Special Service Area] process has really important way stations and checkpoints to protect the taxpayers who are being asked to pay this extra burden,” Ald. Brendan Reilly (42nd), whose ward includes the Mag Mile, told the City Council’s Committee on Economic and Capital Development this week. ....

Chicago River , United States , Chicago Loop , Richardm Daley , Grant Deporter , Brendan Reilly , Rahm Emanuel , Brian Hopkins , Lori Lightfoot , City Council , Capital Development , Chicago Loop Alliance , Department Of Planning , City Council Committee On Economic , Magnificent Mile Association , North Michigan Avenue , Mag Mile , Mayor Richard , Mayor Rahm Emanuel , Michigan Avenue , State Street , Oak Street , Mayor Lori Lightfoot , Harry Caray , சிகாகோ நதி , ஒன்றுபட்டது மாநிலங்களில் ,