McCormick Place
Recent News About McCormick Place
-
BGA wins transparency ruling in Navy Pier privatization case
In a ruling with potentially far-reaching implications for government moves to privatize public functions, a Cook County judge Thursday declared that documents of the nonprofit agency that operates Navy Pier are subject to state open record laws.
-
Chicago TIF fund controversy described as swept under rug
The Chicago City Council has gone from playing a shell game to "keep away," the Better Government Association (BGA) suggested recently.
-
No breathing room at the inn: Chicago hotels feel squeeze as city piles on more costs
The Chicago City Council recently added two more surcharges to its Chicago hotel bill, putting an industry already enduring the highest tax rates on hotel rooms in the country at an even bigger disadvantage against similar convention host cities.
-
Watchdog group: Chicago's TIF 'shell game' proves reform, probe required
A fiasco involving the Chicago officials and the funneling of tax increment finance (TIF) district money away from where it was intended is proof that reforms and even an investigation are needed, the president of the Better Government Association (BGA) contends.
-
Chicago aldermen demand answers to shifting of TIF money
Chicago aldermen recently demanded an explanation from Mayor Rahm’s Emanuel Administration and McCormick Place officials about a plan to divert $55 million in tax increment financing money to a hotel construction project and Navy Pier upgrades, according to the Better Government Association (BGA).
-
Chicago officials deny TIF diversion allegations
Chicago officials connected with the development of the new hotel at McCormick Place and the renovations at Navy Pier recently denied accusations by the Better Government Association (BGA) and Crain’s Chicago Business that tax increment financing (TIF) funds for the hotel were improperly used for the pier.