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| What Chicago's Talking About |
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| 3 Questions About Revitalizing Downtown |
| | Downtown office vacancy remains at an all-time high of 25.8% as of last quarter, Crain’s reported. City officials and business leaders have tried to chip away at the problem — like Google reimagining the Thompson Center and efforts to convert offices into apartments on LaSalle Street. | | So how does Chicago revitalize the Loop? University of Chicago students are trying to drum up solutions | | Professor Justin Marlowe is in charge of the Harris Policy Innovation Challenge. He shared the unique ways students are reimagining downtown Chicago. | | This interview has been edited for length and clarity. | | What solutions are already impressing you? | “Students recognize the value of green space as a quality of life consideration, but also as a driver of economic development particularly for new tech-centric business models where that's a must-have for younger tech workers who want to be downtown.” | | “A couple of groups are actively exploring what it means to do a major sports and entertainment complex downtown, and they've gone so far as to collect data on what it would mean for the Sox or Bears or Red Stars.” | | “Students are interested in things we haven't thought about like sustainable agriculture. You could have an entire multi-acre farm operation set up in a building downtown to provide fresh produce for the entire neighborhood.” | | | You said students are also interested in making downtown equitable. Can Chicago’s downtown be for everyone? | “One of the things that students have had to define early on is exactly what is downtown. And I think for a lot of students who are concerned about the equitable redevelopment of downtown, they've been willing to think about maybe not just a downtown strategy, but multiple downtown strategies serving different parts of downtown.” | | “So you could have, in theory, people who are looking for subsidized affordable housing options in the same building with people who are willing to pay quite a bit more for more amenities where they're paying market rate and then some. And that works really well in certain places. In other places, that's just not really an option.” | | |
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Be back here bright and early tomorrow! |
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