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Old Posted Jul 26, 2016, 8:39 PM
marothisu marothisu is offline
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Join Date: Dec 2012
Location: Chicago
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Not sure if this was talked about yet:

http://www.chicagobusiness.com/reale...w-west-loop-hq
Quote:
Condos planned next to new McDonald's West Loop HQ

Peerless Real Estate Investment plans two 109-foot-tall buildings with 28 units each at 15 N. May St. and 1111 W. Washington St., according to a zoning application filed with the city. The condos would be big, with three and four bedrooms and as large as 5,000 square feet,

Peerless needs a zoning change from the city for its project, which will cost $50 million. That process begins with meetings with community groups and aldermen, who traditionally have veto power over developments in their wards.

Complicating matters for Peerless, its project straddles two Chicago wards, the 25th, represented by Ald. Danny Solis, and the 27th, represented by Ald. Walter Burnett.

Neighbors of the West Loop, meanwhile, thinks the Peerless project, at 109 feet, is too tall. The group's development committee wants the project to be no taller than a Belgravia Group condo project under construction a block away, which rises 100 feet, Matt Letourneau, chairman of the committee, said in an email.
So they want it to be no taller than the 100 foot building nearby - so 109 feet is too tall? Kind of weird, but yeah...I guess if it's 100 feet it won't be the end of the world. That's still OK density, height, etc.
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