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May 19, 2014

Slow start for Chicago's new infrastructure plan

  • Mayor Rahm Emanuel promised a “breakout strategy” for modernizing buildings, bridges and broadband without waiting for Washington handouts.
    • By JASON KEYSER
    Associated Press

    CHICAGO — In the city that invented the skyscraper, no small plans will do. In that vein, Mayor Rahm Emanuel promised to transform Chicago with mega-projects so sexy they could be bankrolled entirely by private investors in exchange for a chunk of the profits.

    He staged media events with former President Bill Clinton. He touted the plan at big-ideas forums. And he heralded the new Chicago Infrastructure Trust as a “breakout strategy” for modernizing buildings, bridges and broadband without waiting for Washington handouts.


     
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