chicago finance committee

Aldermen voted 46-3 Tuesday to approve the transfer of Chicago Parking Meters LLC to New York-based infrastructure investment firm Stonepeak Partners, clearing the way for a $2.53 billion transaction after months of negotiations over concessions for the city. #parking #chicago

Cohen said the development would fill a site that has laid dormant for nearly 50 years. “The 78” is being developed by Related Midwest on what Cohen called “a 62-acre hole” in the city grid. #centersquare #stadium #porjects