Well, Fairbanks is being widened between Erie and Ontario. My suspicion is that CDOT wants to eventually turn Fairbanks into a 4-lane street all the way up to Chicago. I don't know if this is an active plan, or just some artifact buried in some arcane old Streeterville planning document.
I'd actually be fine with that, if they matched it with a corresponding road diet between Grand and the river, and stoplights at every block.
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la forme d'une ville change plus vite, hélas! que le coeur d'un mortel...
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