Regional News
New $400 Million McCormick Place Convention Center Hotel in Works
Tuesday, February 19, 2013
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The public agency that owns the McCormick Place Convention Center in Chicago unveiled plans with city and state officials Tuesday to build a new, 1200-room $400 million hotel to serve the convention center complex.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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