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Loop Alliance: Chicago’s Downtown is Fastest Growing in U.S.
Chicago Loop Alliance on Tuesday released a new report, “The Chicago Loop’s New Demography: Reviewing Change from 2010-2020,” based on U.S. Census data. The report shows the Loop is the fastest growing Chicago neighborhood, and Chicago’s downtown is the fastest growing in the United States.
“The pandemic showed us the importance of the Loop continuing to trend toward a mixed-use district with a healthy residential population to support the storefront economy,” said Loop Alliance president and CEO Michael Edwards. “This is a trend we’ve seen in downtown Chicago for years, but the Census data puts hard numbers to the idea and shows just how fast this residential growth is happening—faster than any other Chicago neighborhood.”
Despite concerns early in the pandemic that COVID-19 would drive downtown residents to the suburbs, the Loop’s residential growth has continued in 2021, according to the report.
- ◦Economy
