Chicago

The IOC rejects Chicago in the First Round

The International Olympic Committee has rejected Chicago in the first round. A delegation of President Obama, Michelle Obama, Oprah, Mayor Daley and others failed to convince the IOC. President Obama made an impassioned plea to the IOC:

"Chicago is a city where the practical and the inspirational exist in harmony; where visionaries who made no small plans rebuilt after a great fire and taught the world to reach new heights," Obama told the IOC's members. "I urge you to choose Chicago."  read more »

Subjects:

Chicago: Preventing the Self-Destruction of Diversity

Chicago's urban core has boomed in a way that makes most other cities jealous. Every time you turn around, it seems, another gem is added to it. The Renzo Piano designed Modern Wing at the Art Institute recently opened its doors to general, if not universal, acclaim, for example.

But while this boom is to be celebrated, and clearly it has been necessary to sustain the animating life force of the city as a whole, there are long term threats that need to be considered.
 read more »

Mayor Daley Offers Tips on Fighting Corruption

Is this a story from the Onion? No. Too Implausible. The Chicago Tribune reports:

Coming from as far away as Azerbaijan, dozens of corporate executives and government bureaucrats gathered at a downtown hotel Wednesday to hear Mayor Richard Daley share his tips for preventing corruption.  read more »

Los Angeles & Chicago's Summer Homicide Numbers

With 84 homicides, Los Angeles just recorded its lowest number of summer homicides since 1967. Overall, numbers are down this year compared to last year - which saw the fewest homicides in the city in 40 years. Made infamous by Rodney King just over 15 years ago, the LAPD is rising to the task of stemming violent crime.  read more »

Chicago Condo Market Inertia

New home sales went down by a whopping 73 percent in the Windy City during the first six months of this year. But developers, anticipating high demand - especially for the condo market - have committed to keep building them. From the article in Crain's Chicago:

"Developers are building at a record pace, with 9,528 units scheduled to be finished by the end of next year, Appraisal Research says. Nearly 33% of those remain unsold, a high percentage but slightly better than the first quarter's 35%."

New York's loss is Chicago's Gain?

The Chicago Tribune reported recently on the state of the finance industry in the Chicago area. Reports indicate smaller, more nimble finance companies in Chicago are tapping an exodus of traders, bankers and investment managers:  read more »

Chicago Students' Greatest Fear: Getting Shot

With 36 Chicago Public School children murdered in the last 12 months, the Chicago Sun-Times reports that getting shot has become the number one fear of children in the city's violent neighborhoods.

The fear seems most pervasive among fifth to eighth graders.

Windy City Triumphalism at Odds with Souring Economy

Mayor Daley said this week that the economy in Chicago is the worst that he's seen since becoming mayor.

You'd never guess this judging by the article about "demographic inversion" published in the New Republic by Alan Ehrenhalt . The author prints a lot of anecdotal evidence about on-going gentrification he witnesses in his hometown but unfortunately offers precious few statistics about job growth.  read more »

Commuting Patterns in Chicago

You may have read our recent commuting case study of the Los Angeles region written by Ali Modarres. Ali put together some detailed commuting pattern maps of the area.  read more »

Subjects:

Should Obama Trade Chicago for Phoenix?

Invoking Studs Terkel, Oprah Winfrey, and Barry Goldwater, Tristam Hunt of the Times Online suggests that Obama needs to trade in Chicago's "progressive European tradition" for the "Wild West, libertarian ethos" of Phoenix. What he's really suggesting is that Obama needs to nail down the sprawling periphery to win it:  read more »

Subjects: