Civic leaders discuss how to make State Street a 'great street' again
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City and business leaders in Chicago gathered to discuss strategies for revitalizing State Street, a retail corridor that has struggled since the COVID-19 pandemic. The discussion included ideas such as improving walkability, increasing density, and offering unique experiences for visitors to reinstate State Street as a vibrant retail and entertainment corridor.
Chicago's State Street has faced challenges since the COVID-19 pandemic, with over 15 retailers vacating the area. However, there are signs of recovery, with major retailers like Barnes & Noble and Gap planning to open on the street. City and business leaders recently met to discuss ways to revitalize the area. They proposed strategies such as improving walkability and street safety, increasing density, and offering unique experiences for visitors. The goal is to reinstate State Street as a thriving retail and entertainment corridor, which is key to a vibrant Downtown Chicago. The area has seen a decline in retail vacancies, from 35% to 28.8%, and is expected to continue improving over the next 24 months. Developers and business leaders are working to bring new life to the area, including conversions of office buildings into apartments and the overhaul of the Thompson Center for Google's Chicago headquarters.
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