From Bloomberg | A Morgan Stanley-led partnership will get at least $11.6 billion from Chicago drivers over the next 75 years, 10 times what Mayor Richard Daley got when he leased the system to investors in 2008. Get the full story »
Inside these posts: Mayor Richard Daley
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Daley emphasizes job growth in annual speech
Mayor Richard Daley sounded like a politician who’s going to run for re-election as he delivered his annual State of the City speech, said several aldermen who heard it today. Throughout the 40-minute talk, Daley touched on future improvements he thinks are important for Chicago’s success in areas of job growth and education.
Third Wal-Mart sails through City Council
Another Wal-Mart is on its way to Chicago, with the City Council today approving a store for the South Side’s Chatham neighborhood. Aldermen voted 41-4 without discussion to approve the store at 83rd Street and Stewart Avenue. That comes on the heels of the council’s unanimous vote last month to allow a Wal-Mart to be built in the far Southeast Side Pullman neighborhood. Prior to that, no Wal-Marts had opened in the city since 2006.
Third Wal-Mart clears hurdle
Wal-Mart cleared another hurdle Friday in its bid to open stores throughout Chicago, winning approval from the City Council Finance Committee to build a location in the South Side’s Chatham neighborhood. If the plan for a store at the intersection of 83rd Street and Stewart Avenue passes the full City Council Wednesday, it will mark the second Wal-Mart given the green light to open within city limits in less than a month, after six years that saw none approved.
Daley asks for approval of 3rd Wal-Mart
Approval for Chicago’s third Wal-Mart will follow hard on the heels of the second if Mayor Richard Daley has his way.
Daley held a news conference today to call on the City Council Finance Committee to approve a long-discussed Wal-Mart store at the corner of 83rd Street and Stewart Avenue in the Chatham neighborhood.
The proposal is on the committee’s Friday agenda. Get the full story »
With Target built, officials laud Wilson Yard project
Mayor Richard Daley speaks during the grand opening of the Wilson Yard Target on Tuesday, July 20, 2010. (William DeShazer/Chicago Tribune)
By Becky Schlikerman | Mayor Richard Daley and other supporters of a beleaguered Uptown development marked a major milestone today by celebrating the completion of a Target store that anchors the Wilson Yard project.
The new store finalizes a decade-long battle to redevelop the site of a burned-down CTA bus barn. The store will open on Sunday.
“This has been a very long time coming,” Ald. Helen Shiller (46th) said. “There were times it seemed this wasn’t going to happen.” Get the full story »
Daley wants liquor carts at O’Hare, Midway
Liquor could be sold from pushcarts at the city’s two major airports under a measure proposed today by Mayor Richard Daley. The plan: To create a new type of liquor license allowing “the sale of alcoholic liquor from pushcarts within authorized areas at O’Hare and Midway,” according to the ordinance. The beer and liquor pushcarts would be located beyond the security checkpoints at passenger terminals.
Daley applauds Wal-Mart wage moves
Mayor Richard Daley Tuesday applauded Wal-Mart’s offer to pay workers at Chicago stores at least $8.75 an hour, saying the retailer is showing it is willing to go beyond what it pays elsewhere in order to bring much-needed jobs and healthy food options into the city.
The pro-Wal-Mart stance by Daley comes ahead of Thursday’s key City Council Zoning Committee vote on whether to allow the giant retailer to open a second store within city limits following years of stalled expansion efforts. The $8.75 an hour figure is 50 cents more than minimum wage but 50 cents less than labor unions are seeking.
