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The $500 million development will include two residential towers and work on the long-awaited DuSable Park as well as plans to extend the Chicago Riverwalk.
In America, Australia and parts of Europe, property markets have shrugged off higher interest rates
Then-Mayor Richard M. Daley “saw this as an opportunity to show a city that does work — not a city that crumbles under the pressure of protesters," said Leslie Fox, executive director of the 1996 convention's host committee. "The stakes were pretty high.”
Elsewhere, political dysfunction and fiscal frailties are taking a toll