Chicago Riverfront Riverwalk Project Moving Forward in 2014

Mayor Emanuel’s plan to expand Chicago’s Riverwalk appears to moving forward.

Outgoing U.S. Transportation Secretary Ray Lahood announced a $100 million federal loan for the project.

The south bank of the riverwalk will be extended to run six blocks from State Street to Lake Street. The extension will include a splash fountain for children, kayak
rentals, floating gardens and a learning center about the river’s
ecology.Plus more restaurants and more music.

The city applied for and is slated to receive a $100 million federal loan that will cover nearly the entire price tag of a big makeover for six blocks of the riverwalk, the Chicago Sun-Times reports.

The city will repay the loan with higher boat docking fees, advertising and business leases.

Construction is expected to begin next year. With completion in 2016.

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