Friday, January 19, 2024

And If It Does Get Built?

It’s very cold out, and snowing. The Bears aren’t in the postseason (what new?); the Hawks stink; and the Bulls are struggling mightily to progress beyond mediocre. So, of course the media wants to focus on a new White Sox stadium in the South Loop. This is what you do in January in Chicago. Because Sox ownership and the front office all act as if the Sphynx were a blabbermouth, nobody has any idea what this project would look like. So, of course the media is going to fill in the gaps. Why, the new stadium could go smack dab in the middle of an entertainment district, just like the Braves and Rams have built and just like the Munsters want to build, as soon as they can find a sucker of a community to welcome them. OK, so the stadium gets built with restaurants and bars galore. Then what? Do you think those restaurants and bars would in any way resemble the ones presently serving Sox fans in Bridgeport? Three-generation corner bars aren’t likely to afford South Loop rents. If the Sox move, those corner bars wither away, and what profit those new bars generate will likely go into corporate pockets. That, my friends, is a textbook example of disinvestment.

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