We can’t let a festering anti-developer atmosphere hold back Chicago’s minority- and women-owned businesses—and thus hold back the very neighborhoods that protesters want to protect.
Written by JORGE PEREZ
Hispanic American Construction Industry Association
Mayor-elect Lori Lightfoot has been critical of the way tax-increment financing money has been deployed throughout the city, and her concerns—plus the concerns of new City Council members and many Chicagoans—nearly kept two big projects from being approved. The 78 and Lincoln Yards have now gotten the green light to proceed, in part because they agreed to meet higher minority hiring standards than the city currently requires—30 percent minority-owned businesses and 10 percent women-owned businesses as opposed to 26 percent and 6 percent, respectively. Still, skepticism persists.