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CHICAGO 2012: HYDE PARK RECEIVES 5.2 MILLION IN SUBSIDIES FOR HOTEL; IS PRESIDENT OBAMA THE REASON?

06 Jun

The Chicago Tribune is reporting the Chicago’s Hyde Park neighborhood has just received financial support. Aldermen officially approved up to $5.2 million in subsidies for a 131-room hotel being developed in the Hyde Park neighborhood.

It’s not surprising that the $28.6 million project, located in Harper’s Court at 52nd Place, has received political backing.  With it being so close to President Obama’s Chicago residence, it is win-win for everyone.  Does the President have something to do with it?  Well, you be the judge.

READ full story via 2012: HYDE PARK RECEIVES 5.2 MILLION IN SUBSIDIES FOR HOTEL; ALDERMEN SUPPORT DEAL.

DO YOU NEED TO SELL YOUR HYDE PARK HOME? CONTACT A PROFESSIONAL REAL ESTATE TEAM HERE.

 
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Posted by on June 6, 2012 in Britta's SCOOP

 

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