Last week we joined with community residents from across the city for a press conference in front of the proposed site of the $5 billion dollar Lincoln Yards luxury development. Currently, the developer Sterling Bay is seeking up to $1 billion in taxpayer money to fund the building of a massive 70-acre mega development consisting of high rises, corporate headquarters, condos, and a new soccer stadium.
At the press conference, we called for no public dollars to go towards the project because we know that we are not going to stop the violence and displacement of Chicago’s Black community by building new soccer stadiums and luxury condos.
Mayor Emanuel thinks that handouts to giant corporations will result in prosperity trickling down to everybody. But we know it doesn’t work that way. Taking away resources from our communities and giving them to developers for projects like Lincoln Yards only increases the economic and racial divides in our city.
We need to make it very clear to the Mayor and his corporate allies that we will not stand for the continuation of failed economic policies that have robbed our city of a huge number of Black families and made it harder and harder to live in Chicago unless you are rich and well connected.
If we come together across our neighborhoods and communities we can force our elected officials to invest in the things we need such as mental health services, vocational training, and great public schools. This is what will result in an improved quality of life of neighborhood residents and reduced violence.