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COVID-19 Restrictions Mean 63% Drop in Loop Footfalls
Pedestrian traffic in the Loop declined by 63% between March 10 and March 17, and by 42% year-over-year during St. Patrick’s Day weekend, according to data from the Chicago Loop Alliance. The footfall declines coincided with new rules on public gatherings and business shutdowns in an effort to curb the transmission of COVID-19.
“It is no surprise that pedestrian activity in the Loop is declining as Chicagoans heed officials’ calls for social distancing, and we expect this activity will decline even further this week with the shutdown of bars, restaurants and major retailers, as well as Chicago Public Schools,” said Alliance CEO Michael Edwards.
According to Alliance data, the Loop economy has a major impact on Chicago as a whole as well as the state. The Loop accounts for about 28% of Chicago’s private-sector jobs, and its daytime population of public- and private-sector workers is 17 times greater than its residential population.
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- ◦Economy