The Chicago Loop Alliance 2022 Annual Meeting

April 5, 2022 6mn
Chicago Loop Alliance and Chicago Loop Alliance Foundation hosted their 2022 Annual Meeting

March 27, Chicago Loop Alliance  Chicago Loop Alliance Foundation hosted their Annual Meeting. Nearly 300 key Loop stakeholders gathered during the in-person event held at Palmer House, a Hilton hotel. New board members were inducted, the organization’s 2021 Annual Report was unveiled in both print and digital format, and major plans were announced for 2022.

Keynote speaker Leon Walker, Managing Principal of DL3 Realty, L.P., spoke about his work with national and regional corporate stakeholders to make high-impact investments in Chicago’s neighborhoods; and guests learned about his organization, Chicago Emerging Minority Developer Initiative (CEMDI), which is helping build the next generation of African American and Latinx real estate developers and why that is beneficial for the Loop. Meeting attendees also got a first look at the organization’s 2022 plans and programs, including the revival of the popular ACTIVATE alley event, the Elevate State corridor plan for State Street, and the award-winning Sundays on State series, with an expanded footprint on select Sundays this summer.

“The past year continued to be challenging for Loop businesses, workers, and residents; however, the resiliency and strength of this community has created an energy of progress,” said Chicago Loop Alliance President and CEO Michael Edwards. “While the millions of tourists and workers may not have all returned to the Loop quite yet, pedestrian numbers are steadily improving, and there is still a strong presence of those that want to experience the vibrancy of the Loop firsthand. Programming like Sundays on State revitalized the community’s love for the Chicago Loop, and arts, entertainment and education will be some of the strongest drivers of downtown recovery in the coming years.”

“We are making excellent progress in our mission to bounce back from this pandemic stronger than ever,” said Chicago Mayor Lori E. Lightfoot. “The Loop has played a core role in our recovery and will continue to do so. We’ve been able to attract visitors, residents and businesses alike back to our downtown. As our city continues opening up, restoring the Loop to the busy and bustling socioeconomic center it has been for years remains a top priority.”

2021 ANNUAL REPORT

Chicago Loop Alliance’s annual report was unveiled, which summarizes the progress of the Loop and the organization throughout 2021.

2022 PROJECTS

Loop Alliance is increasing the landscape of public events in the Loop that continue to encourage people back downtown. After a hiatus in 2020 and 2021 due to the pandemic, Chicago Loop Alliance will relaunch the State Street Corridor Plan, Elevate State. The planning process will begin with community engagement discussions and more details to be announced later this year.

Other returning programs include ACTIVATE, the popular alley event that transforms inconspicuous spaces in the Loop into refreshing urban environments filled with art, music, and lively vibes. More details for the one-night only event will be announced this spring.

The extremely successful Sundays on State series, which was named Time Out Chicago’s Best New Event in 2021 and a finalist for Best in a Crisis at the 2022 PRWeek US Awards, will return with an extended footprint when portions of State Street close to vehicular traffic for select Sundays this summer. Active recreation, shopping, outdoor dining, art, entertainment, and more will once again fill the iconic street while simultaneously accelerating the economic recovery, uniting the community and creating joy.