By John Koval, Larry Bennett, Michael Bennett, Fassil Demissie, Roberta Garner, Kiljoong Kim

For generations, viewers, newshounds, and social scientists alike have asserted that Chicago is the quintessentially American urban. certainly, the creation to "The New Chicago" reminds us that 'to be aware of the USA, you want to comprehend Chicago'. The authors boldly announce the loss of life of town of wide shoulders and the transformation of its actual, social, cultural, and financial associations right into a new Chicago. during this wide-ranging publication, twenty students, newshounds, and activists, counting on facts from the 2000 census and lots of years of direct event with the town, establish 5 converging forces in American urbanization that are reshaping this storied city. The twenty-six essays integrated right here research Chicago in terms of globalization and its effect at the modern urban; financial restructuring; the evolution of machine-style politics into managerial politics; actual adjustments of the principal urban and its suburbs; and, race relatives in a multicultural period. In elaborating at the results of those wide forces, members aspect the function of 8 major racial, ethnic, and immigrant groups in shaping the nature of the recent Chicago and current ten case reviews of cutting edge governmental, grassroots, and civic motion. Multi-faceted and authoritative, "The New Chicago" deals a massive and distinctive portrait of an emergent and new 'Windy City'.

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For example, one of the major consequences of stepped-up office, retail, and residential development in central Chicago has been, in effect, the “pricing out” of less competitive residential 30 Fassil Demissie uses such as single-room occupancy hotels (SROs). As SROs close or withdraw from neardowntown locations, their residents must either fend for themselves in a local housing market experiencing substantial inflationary pressure or accept housing in neighborhoods that are not necessarily of their choosing or convenient from the standpoint of their limited financial means.

Bought Bank One, depriving Chicago of the headquarters for its largest bank. Also, corporate headquarters were nearly as likely to be in the suburbs as in the central city (Chicago Tribune 18 May 2003); Economic Focus 2002). 2 In one of the nation’s fastest-growing employment sectors, with moderately aboveaverage salaries, metropolitan Chicago was either first or second nationally in the number of business service workers, depending on who’s counting (World Business Chicago or the Harvard Cluster Mapping Project), and many of those jobs were in the city.

In addition, the plan anticipated substantial residential development in the areas immediately north and south of the Loop. Although a number of the plan’s elements were not realized, the 1958 Development Plan clearly, defined the initial thrust of Loop revitalization, particularly the creation of the Civic Center/Daley Plaza, the development of a University of Illinois campus on the Near West Side, and the designation of the North Side Sandburg Village urban renewal district. These projects were a major boost to local revitalization efforts, following nearly a quarter-century during which no significant new construction had been undertaken in the Loop.

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