• A.D. Q&A on solving downtown Chicago's problems with Ald. Brendan Reilly

  • Apr 25 2022
  • Length: 42 mins
  • Podcast
A.D. Q&A on solving downtown Chicago's problems with Ald. Brendan Reilly By cover art

A.D. Q&A on solving downtown Chicago's problems with Ald. Brendan Reilly

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  • This week, we examine the state of the Loop. If you read Crain’s, you know the recovery is… uneven. Let’s take a quick look at some headlines at chicagobusiness.com about the Loop area office scene, in case you missed them: Downtown office vacancy jumps to another record high... Louis Vuitton's Mag Mile landlord ready to cash out... Chicago Law firm Skadden starting a new lease with about half the space... you get the picture. The Chicago Loop Alliance reports as of March, hotels are only 52% occupied compared to 2019 levels. CTA ridership overall – which passes through the Loop regularly – was 44% of what it was in 2019… Similarly, Metra ridership as of February was even lower: just 22% of 2019 levels. According to the city's violence reduction dashboard, year to date, violent crime victimizations in the Loop are up 200% compared to last year, and last year was bad. All that said, there are reasons for hope. Our guest this week, downtown Alderman Brendan Reilly, says there’s a good-news metric that isn’t regularly reported: how packed his own schedule is with meetings about business relocations, new buildings and creative ways to transform the Loop. Reilly’s represented the 42nd Ward since 2007. That includes most of the downtown, River North, Streeterville and the Mag Mile. He gives his diagnosis of the Loop – the good and the bad – plus major issues facing it in Council, including crime and his grade of Superintendent David Brown’s tenure; his pushback to the city’s casino selection process; and how mayor Lori Lightfoot stacks up with other mayors he’s worked with.
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