Who would have guessed that Lincoln Park was seeing population loss?

Chicago’s affluent North Side has lost a lot of people. That’s a problem for businesses, residents of moderate means and anyone who would like to move there but can’t afford to.

Source: www.chicagobusiness.com

I could have guessed this. What draws people into the community? It is too expensive for many to live here and the rental market continues to push more residents out. Besides the DePaul bars is there a stretch people decide to go to on the weekends? Not really.  

This is one reason we need to look positively on the revised density plan of Children’t Memorial Hospital redevelopment plan. There are affordable set-asides, senior housing, condos and lots of retail. Hopefully the politics will end next week after the aldermanic elections and we can begin the long over due and long debated redevelopment of the hospital site. Hopefully before the next wave of a recession hits us so the retail can take root and revitalize the area of Lincoln Park. 


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