The Chicago Olympic bid has drawn interest from several Chicago developers who might help to make the large-scale development happen. 

The Chicago Sun-Times writes – “Because the housing would be needed for the athletes, developers would have to build it regardless of advance sales of the homes. Most large-scale projects, such as the successful Lakeshore East, can advance a building at a time, selling out one before starting work on the next.”

More information at – http://www.suntimes.com:80/business/228145,CST-FIN-develop25.article

Other developers have expressed skepticism – “One of Chicago’s most active builders, requesting anonymity forear of riling City Hall, said anybody who takes on the housing project will be lucky to break even. “I can just see how this will work. You get cost overruns and the developer has to eat them.”