^^ Yes, because Streeterville is chock-a-block with all sorts of services and useful daily retail.
The number of parking spaces is a proxy for garage size, so while SOAR loves to tout this reduction in accessory parking, the fact is that there will be no fewer parking spaces than before. That's not an improvement, even if SOAR says it is.
Plus, Related greatly enlarged the number of units over the original proposal while reducing their size so much that the tower is shorter and skinnier. The unit count was increased by nearly 50% while the height was decreased by nearly 30%. That tells me the finished rental units will be a lot smaller, occupied by owners who have less desire or need for a car than the residents of sprawling 3-bedroom condos.
The city just got a great new park across the street, and then they go ahead and approve a huge-ass parking podium to directly face the park. Wanna create neighborhoods that stay desirable after they stop being trendy? This is not how you do it.