Mayor Emanuel’s plan to expand Chicago’s Riverwalk appears to moving forward.
Outgoing U.S. Transportation Secretary Ray Lahood announced a $100 million federal loan for the project.
The south bank of the riverwalk will be extended to run six blocks from State Street to Lake Street.
The extension will include a splash fountain for children, kayak rentals, floating gardens and a learning center about the river’s ecology.
The city will repay the loan with higher boat docking fees, advertising and business leases.
Construction is expected to begin next year.