As office vacancies rise, developers aim to restore Loop's vibrancy

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  • Опубликовано: 19 май 2024
  • It’s been four years since the COVID-19 outbreak led to a rise in remote work. Now, even though the public health crisis has diminished, the work from home trend shows no signs of slowing, pushing downtown office vacancies higher.

Комментарии • 84

  • @gsandy6107
    @gsandy6107 13 дней назад +17

    Who wants to risk their lives in the Loop for a job. There needs to be more accountability for the parents, & youth doing the crime. It's all over the city, & the Mayor states the crime has gone down, who is he trying to fool.

    • @alexs1429
      @alexs1429 12 дней назад +4

      Plus public transport is awful, gas is expensive, parking is expensive if you prefer to drive. It just doesn’t make sense to work in office anymore.

  • @sapper9968
    @sapper9968 13 дней назад +19

    You forgot the crime, traffic, parking, lack of City services, the fact Chicago & Illinois Politicians tax everything

  • @generalwrecking
    @generalwrecking 13 дней назад +18

    Affordable housing downtown NEXT to people that paid upwards of $300K !!! The people who WORK hard for their money will be RELIEVED of that money when the DRUG ADDICTS STICK THEM UP 😂

    • @AnotherOne00-mrgitdown
      @AnotherOne00-mrgitdown 12 дней назад

      Don't believe the 'hype'. They will raise those prices sky high. Only those making 6 figures will be able to stay down there. And watch, the police will start patrolling the area again.

  • @ljaaraica3372
    @ljaaraica3372 13 дней назад +9

    It's the end of an ERA folks, we need to move on. I remember being 9-10 years old and seeing my father get up and travel to the loop and made his way to the Episcopal Church of Chicago downtown. 20 years later in 2014 while working at large firm, I got to experience it myself and will never look back. RIP dad.

    • @trolldaddy-xz5io
      @trolldaddy-xz5io 12 дней назад

      There's nothing to miss. Telecommuting should of took off years ago

    • @AnotherOne00-mrgitdown
      @AnotherOne00-mrgitdown 12 дней назад

      I remember being a senior in high school taking the metra train downtown to the loop with friends. 1 friend was a Dj and we would walk from music store to music store looking for records. It was busy back in the 80s and u had to dodge people walking down the sidewalk. This current state is absolutely disgusting. These current leaders are kicking out these businesses to develop their luxury housing. That will totally change how the loop looks. Shameful.

  • @michaelpowell7120
    @michaelpowell7120 13 дней назад +25

    What developers? Southside Gangs?

  • @Coffee240
    @Coffee240 13 дней назад +8

    They will make them into apartments and give free to seekers 😂😂😂

  • @tjmichael8773
    @tjmichael8773 13 дней назад +9

    I've been working from home since 2014 and never plan to return to an office. You can put in all the amenities, but I want to be home with my dog and gym nearby. I like spending money in my neighorhood.

    • @johnmounsey5342
      @johnmounsey5342 13 дней назад +1

      Still not free prisoner to your boss

    • @tjmichael8773
      @tjmichael8773 13 дней назад +2

      @johnmounsey5342 I never said I was honey bunch

    • @trolldaddy-xz5io
      @trolldaddy-xz5io 12 дней назад

      ​@@johnmounsey5342lol cue your "I make six figs from an online business and you can too!" Spiel

    • @lvgk8898
      @lvgk8898 12 дней назад

      Those “working” from home two hour days are a joke.

  • @DonnyNoMarie
    @DonnyNoMarie 8 дней назад +2

    I lived downtown during the 80s. Had a ball! The restaurants. The movies. The shopping. The clubs. The green spaces/parks. Back then, it was a much safer place. Now, I avoid downtown like the plague. The area is no longer safe and all the office renovations in the world aren't going to change that!

    • @eddiea3782
      @eddiea3782 4 дня назад

      Very well said. That is exactly how it is.

    • @CEOkiller
      @CEOkiller 14 часов назад

      I went to Chicago a lot in the ‘80’s… lots of fun and pretty safe. Would not try that now…. Very sad.

  • @eddiea3782
    @eddiea3782 13 дней назад +17

    The Loop is horrible now. The entire City of Chicago is horrible now. And it's not ever coming back to what it once was. Of course downtown is emptying out. It's over taxed, overpriced, unsafe. I used to work at The Chicago Tribune at The Tribune Tower and The Freedom Center. The Wrigley Building. The Sun Times. I used to work at State and Adams. I had good paying jobs and made a good living in that city. It was beautiful at one time. More jobs than you could shake a stick at. It was the then Mayor of Chicago that made the difference. It was Mayor Richard M. Daley that made that city........"The City That Works". Just like his Dad before him. This has very little to do with work at home jobs and very much to do with failed leaders and mismanagement. Failed policies. Three failed mayors and one destroyed city later we have what we have. Residents and businesses alike are leaving Chicago in droves. As long as there are Mayors like the ones we've had no one will come back. The city is run by a bunch of inept fools. My once beautiful city is in ruins. I had to leave too.

    • @jeanpabon2948
      @jeanpabon2948 13 дней назад

      stfu no one cares. the daleys sucked they are the definition of white mediocrity

    • @blotfd
      @blotfd 13 дней назад +1

      we have to do a saint george baton rouge here. no browns and blacks getting access to our tax base schools etc.

    • @trolldaddy-xz5io
      @trolldaddy-xz5io 12 дней назад

      Mayor Daley was a crooked Mick.
      That clown sold all of the city parking to where all of that money gets sent to some private company in Abu Dhabi so he and his firm can make Hella dollar on the way out.
      F*CK MAYOR DALEY
      You idiot chicagoans opining for a crooked Irish mick need to drop it

    • @blotfd
      @blotfd 12 дней назад

      ​@@trolldaddy-xz5io it's the browns and blacks. like everywhere always. a permanent problem

    • @johngoldsworthy7135
      @johngoldsworthy7135 4 дня назад

      Great comment. I left in 2018 and am thinking of moving back. But I know deep down that it’s gotten worse probably

  • @poorrandall8982
    @poorrandall8982 13 дней назад +6

    god help chicago when they turn downtown buildings into section 8.

  • @maureencora1
    @maureencora1 13 дней назад +5

    Office Spaces into Condos? What Are We Coming To?

  • @joeruiz9010
    @joeruiz9010 13 дней назад +10

    The problem is all the crime from these bad ahh kids whose parents should start being held accountable.

    • @trongriffinproductions7159
      @trongriffinproductions7159 13 дней назад +1

      Crime is not problem. Companies wanting to save money is the problem.

    • @blotfd
      @blotfd 13 дней назад +1

      what can we do with the coloureds? only spent a trillion dollars on them since 1965. all wasted

    • @trolldaddy-xz5io
      @trolldaddy-xz5io 12 дней назад

      ​@trongriffinproductions7159 lol bullshit. Both are the problem. Chicago in the last 3 years has seen increased crime that has ruined the efforts of the last decade.

  • @themapleland
    @themapleland 8 дней назад +1

    High crime rate and homeless at the area may terrify and prevent people and business to move there.

  • @jrdajuiceman754
    @jrdajuiceman754 12 дней назад +2

    downtown is the new venezuela, china, india and congo

  • @Onunez23
    @Onunez23 13 дней назад +14

    I don’t mind creating certain buildings into housing, but affordable housing will be bringing in a problematic crowd

    • @blotfd
      @blotfd 13 дней назад +2

      sreggin

    • @haroldremus
      @haroldremus 13 дней назад +1

      ​@@blotfdyssup

    • @STAXONDECK1
      @STAXONDECK1 12 дней назад

      I believe most big project like this that include public funds offer a nominal amount of affordable units this not anything new

    • @blotfd
      @blotfd 12 дней назад +2

      nothing new = more sreggin = bad

    • @STAXONDECK1
      @STAXONDECK1 12 дней назад

      @@blotfd curious where are you from?

  • @RChez53
    @RChez53 12 дней назад +3

    Affordable 'Section 8' Housing = The New 'CHIGHETTO!

  • @k.chriscaldwell4141
    @k.chriscaldwell4141 13 дней назад +4

    Doom(ed) Loop.
    Escape from Chicago, run from Illinois.

    • @CEOkiller
      @CEOkiller 14 часов назад

      Escape from Chicago… Snake does not survive this time….

  • @sallyvella7012
    @sallyvella7012 13 дней назад +3

    It never returns because of Insurance Industry Costs.

  • @CS_1989
    @CS_1989 12 дней назад +1

    PARKING!!!! Should only have 2pay from 9-5Mon-Sat. Everywhere else including private lots should be free after 5-9. That would decrease a huge burden of stress coming dwntwn. Not only dwntwn but the city everywhere. Even the lakefront. Paying a Parking tax and having to deal with tickets just to enjoy the city is @big F* U by the city!!!

  • @ricmars8980
    @ricmars8980 12 дней назад +1

    The skyline is just for show! Most of those buildings sit vacant! Just paying utilities to keep them running. The era of the skyscrapers is over!

  • @khaaliqbattle4206
    @khaaliqbattle4206 13 дней назад +11

    People are working from home now in days

  • @AL-TitoVidal
    @AL-TitoVidal 11 дней назад +1

    Affordable housing= public housing

  • @SlideTru-vc5pi
    @SlideTru-vc5pi 12 дней назад +1

    And Drill City Killer Monti & Lil Rob In The Loop😮‍💨

  • @phillipbates9587
    @phillipbates9587 13 дней назад +1

    Nice explanation

  • @brpetzn
    @brpetzn 18 часов назад

    God, how much hatred there is for the city here. Yeah Chicago could become a car dependent suburbs like I'm sure all yous love living in, but what happens when you all become elderly and can't drive while you still live in a caldersac miles from any transit or shops. American suburbs suck and always will. We are a country that depends on cars way too much. I think the city should be revitalized and kick all these greedy financial institutions out as Wall Street is one of the biggest evils ever invented in this country. They bankrupt the average joe while raking in millions. Working from home is another way for introverts to stay to themselves. Work from home jobs are dying and being replaced by scam jobs.

  • @luanamuldoon
    @luanamuldoon 12 дней назад +1

    They might stuff their migrants there.

    • @CEOkiller
      @CEOkiller 14 часов назад

      They need to stuff their migrants on transportation back to where they came from…

  • @CEOkiller
    @CEOkiller 14 часов назад

    Yeah… good luck with that….

  • @blotfd
    @blotfd 13 дней назад +15

    we used to enjoy the loop before browns and blacks

    • @tatankagarcia1570
      @tatankagarcia1570 13 дней назад +2

      Wtf 😂

    • @twentyonetwentysix
      @twentyonetwentysix 13 дней назад +2

      Brown here who has worked in downtown since 1994. Please choose your words wisely

    • @scott7388
      @scott7388 13 дней назад

      They need to turn off comments because of idiots such as yourself.

    • @biggplaya264
      @biggplaya264 13 дней назад

      Lame ass

    • @blotfd
      @blotfd 13 дней назад +1

      virtue signaling does not help. we just had new illegal venezuelans and old illegal mexicans attacking each other in broad daylight