How the City will pay for the Olympic Village

Although this article is from July 08, it goes into depth on how the city is going to fund the $85million for buying the Michael Reese Hospital and turning it into the 2016 Olympic village.



Again, for the South Loop and the future development of the south side, I think this would be good. However, from a ordinary citizen's perspective I could see how they would be a little weary.

Also, about three weeks ago the Sun-Times reported that this sale had hit some bumps and is now uncertain. Stay tuned...there is still a long way to go with the Olympic bid.