Now I don't want to really get into this conversation, because it has been done many times before. But I do agree with you, that the market is the best way to reduce housing prices. However, most developers currently don't want to invest in middle class to lower class housing (which makes sense) so the housing needs to come from somewhere. I think affordable housing in developments like this is a good middle ground. It includes both the market aspect, but also the needed affordable housing without taking it too far to either side.

That kinda looks like a train running in a viaduct below the elevated pedestrian walkway. Although it doesn't really look like a Metra train.

The proposed Red line station is shown on the video, on 15th St, just east of Clark.

The PD was filed today, so those who are good with the city clerk site.

“THE 78”

May 10, 2018

-62 acres

-RELATED MIDWEST

-Roosevelt, 16th, Clark Street and the Chicago River.

-All in the 26th Ward.

-SOM Master Plan

-13 million sq ft (12.7 hudson yards on 28 acres)

-DX-5 underlying zoning

-activating the riverfront… drawn to the river… public spaces

-infrastructure moving through the site

-The Crescent Park

-100’ of riverfront setbacks with 3 separate zones

-realigning the metro tracks to the west, away from clark

-15th Street into the site under the tracks to Wells

-adding a redline at 15th and Clark

-extend lasalle street south into the site

-Discovery Institute (+100 faculty and +2,000 students)

-5 acres of public riverfront
-7 acre crescent park
-River Taxi

-$24,000,000 density bonus payment

-10,000 jobs both permanent and long-term

-20% affordable housing created by development

-950’ maximum height

-Well Street construction, sometime beginning in late july

-looking at and for infrastructure financing (public/private)

How is LaSalle extended south when it ends at Polk, and due south is the Metra?

Start the railway push west right at Roosevelt and bring LaSalle over and down as a bridge?

The roadway that leads into Roosevelt Collection will be extended southward and be called Lasalle.

Nice. A necessity IMO - timeline for that?

Crazy - what are the phases looking like? What will they start construction on first?

Infrastructure. No timeframe for entire project, or a projected cost.

From the video, here's an idea of where the 15th and Clark red line will be

https://i.imgur.com/KCBRWzN.jpg

So, about 19% of the land is dedicated to parkland? That's pretty great and fixing the infrastructure coming first is even better news. I'm pretty content with this plan. Don't care how badly they ruin the Spire site now :)

Cyooot!

That Red Line location kind of spells the end for DPII doesn’t it? They’d need to take land for a station and that will open it up to TOD.
Does 15th connect through for pedestrians below the park?

Doesn’t it look like the Orange line should get a stop at State?

I recall seeing some discussion a long time ago about rerouting the orange line so that it would hit the Red Line just south of Cermak-Chinatown. Probably never going to happen, but food for thought.

Did they say how many units would be here?

How much will the South Loop boom effect the sales of the higher end units, if at all?

I cobbled together an annotated site plan so you guys can better understand:

https://i.imgur.com/Bb0FBnZ.jpg

Fake lasalle street is lame. A completely isolated jog of a street people use for wayfinding is cruel, though entirely in character for lasalle. Hopefully nobody will have a street address on it.

Like the wells connector, though. That will make a straight shot from Cermack/Chinatown to downtown via wentworth, opening a whole new arterial supply of humans to an atrophied area.

Hopefully riverwalk will connect with the neighboring projects to the north, then eventually to the Riverwalk itself.

Name is dumb. Hopefully placeholder. I’m allergic to “The ###” titles.

Also think how they’re handiling the elevation changes from street level at Roosevelt on the NE corner of the site. Stairways to tight, ramps too long.

Where’s the IKEA go?

If they can actually pull off something like those renderings, that would be pretty awesome.

Much cooler from a design standpoint and in layout and incorporation of public spaces than what Magellan did over at Lakeshore East.

Pretty good cobbling Mr DT.

So LaSalle St at north end will elevate to meet Roosevelt and the RC at Deleno Ct. Wells will be an under pass at Roosevelt.
Looks like 15th St west of Clark is a viaduct under Metra tracks, connecting with LaSalle St and with Wells on the west end.