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  #2861  
Old Posted Yesterday, 3:43 PM
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rgolch rgolch is offline
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Why are we still talking about this international tourist BS?

Enough guys. Grow a pair, and lets talk about real economic news.
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  #2862  
Old Posted Yesterday, 8:35 PM
marothisu marothisu is offline
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Quote:
Originally Posted by rgolch View Post
Why are we still talking about this international tourist BS?

Enough guys. Grow a pair, and lets talk about real economic news.
Tourism has nothing to do with the economy of a place? Yeah okay. Fyi, tourists spent $13.7B in Chicago between 2010 and 2014 and the city has added 22,000 related tourism jobs since 2011. Considering there were 16 million fewer tourists in that year versus last, the spending number is probably a bit more now. International tourists spend over 3x more than domestic tourists, and it's in the city's best interest to see an increase of this. Actually it's in everyone's best interest. Many jobs, revenue, tax revenue, etc will follow.

So yes, it's more than valid unless you think the economy is constrained to how many tech jobs there are. This is news, it's in a fucking new report released the other day and Chicago lags in this area that brings in higher spending tourists. Not that there's a problem with the tourism numbers overall - they are awesome, but a sizable increase of international tourists would mean a boost in jobs and revenue to many business and the city.

Last edited by marothisu; Yesterday at 9:00 PM.
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  #2863  
Old Posted Yesterday, 8:52 PM
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https://www.chicagobusiness.com/comm...ther-big-lease


May 17, 2019 11:18 AM



Old Post Office closes in on another big lease



Federal Home Loan Bank of Chicago is looking to move from the Aon Center to the redeveloped behemoth along the South Branch of the Chicago River.



The developer overhauling the Old Main Post Office is close to snagging another big tenant, this time from the financial world.

Federal Home Loan Bank of Chicago, one of 11 federally chartered wholesale banks around the country, is in advanced talks to lease around 125,000 square-feet at the massive building at 433 W. Van Buren St., according to sources familiar with negotiations.

The Chicago FHLB is planning to relocate and expand from its office at the Aon Center, where it leases about 96,000 square feet today.
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