Neighborhood Anchors
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2021-01-26T14:53:34-06:00
Mayor Daley promoted neighborhood "anchors." Anchors could be major retailers, library branches, or government offices that played a vital role in the development of a neighborhood. They attracted customers and visitors, encouraged smaller businesses to set up shop nearby, and generally created spaces favorable for community growth.
Jackie Heard, Daley’s press secretary (1997-2011), discusses the importance of the “anchors strategy":
Mellody Hobson, president of Ariel Investments in Chicago, explains how library branches served as anchors:
