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Chicago & Midwest  + Downtown  |  June 19, 2020
Paul Bubny
By: Paul Bubny

Ken Griffin Donates $5M to Repair, Reopen Lakefront Trail

Damaged in last winter’s storms and closed during the COVID-19 pandemic, Chicago’s lakefront trail is slated to reopen on June 22. Mayor Lori Lightfoot said Thursday that a $4.75-million donation from Citadel CEO Ken Griffin was funding the repair work underway on the 18-mile pathway.

The contribution, which was initiated in April, enabled work to repave damaged sections of the pedestrian and bike paths while the trail was closed this spring. The funds will also facilitate intermediate fortification measures.

“I want to thank Ken Griffin for stepping up again and identifying an opportunity to start this critical work during the trail’s closure in order to restore one of our city’s most valuable resources,” said Lightfoot. Griffin made a $12-million donation to fund the lakefront trail’s completion in 2016.

In coordination with the lakefront reopening, the city will also reopen The 606 Bloomingdale Trail on June 22, along with Chicago Harbors.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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