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The coalition brings together 20 government agencies, service providers, and other government and community entities.
Almost all of the towers stand empty, CityBridge officials say, leaving residents without the promised high-speed 5G internet access.
'We have to invest in what works,' said Gov. J.B. Pritzker of initiatives to tackle the 'root causes' of crime and violence.
This year, more than 60,000 people attended each day over Memorial Day weekend, generating $243.7 million in economic activity for the city. The new deal could potentially include expanding the two-day festival to three days.