Funny thing is, the same people will complain about the lack of parking in the neighborhood. You go to these meetings and they bitch and moan bout inadequate parking in the area with so places for when friends and family come to visit.

Fine, lower the number of spaces and reduce the back base height from 17 floors to 13 or 14 floors. You know they'll find something else to complain about.

They want underground parking in an area that's virtually landfill. Are they planning on paying for the expense?

It's not stupid if you think of who their customer base is. While I never see myself needing a car, especially if I'm living close to public transit, the +40 population likes having 2+ cars, and that's just reality

It is not just reality. Continual proclamation of annectdotal observations as facts does not make them so.

You literally could have made that sentence, "you didn't back your claims with data", no need to try way too hard to sound smart. Also, I don't understand how my claim is wrong? Would less parking spaces be preferable? Yeah, but again as I said, the place isn't going to be attracting that many car free 20-30 year old buyers. That's just not the price market we are looking at here.

But this has been studied. And it has been found that too much parking is being built within the city. It's even been published.

This particular site does deserve a lower parking ratio.

Maybe when the west tower is designed, it can have less parking, especially as they'll have a sense as to how much parking in this particular tower is being used.

the zoning for this area requires .55 parking spaces per residential unit.

These are the same NIMBYs that were ready to destroy PDNA and forced Dowell to replace the planned fix for overcrowding at South Loop Elementary with a school plan that was so toxic it never saw the light of day (anyone remember the public meetings for this building last year when she said she was hoping to unveil a school plan by November/December?). She's lucky city hall leaked it to people that could talk to her in private and bring her to her senses. Hopefully she's learned not to listen to this NIMBY group again.

http://www.cnt.org/publications/stal...-affordability

It doesn't quite say what you're implying. The study only looked at rental buildings, for one - condo buyers generally prefer to have a parking space, because even if they don't personally drive, the space increases the resale value of the unit and adds to the pool of potential buyers.

Also, the study didn't attempt to measure rents, either, so we can't say for sure whether more expensive units have greater utilization of parking.

There probably is a significant unmet demand for units without parking, but it's worth noting that Chicagoans without cars can already opt out of parking and reap the savings by living in a vintage building, many of which are renovated and offer a standard of living similar or equal to new construction.

You have my attention now.....sounds fascinating.....don't want to veer off-topic here, but would love to know more of this story......I just wonder what that group proposed, and how they were able to convince the alderman of something that apparently should have been obvious to her as a non-starter..........it's a little scary how some of these wacky nimby groups can catapult form the woodwork seemingly overnight and unleash their crazy views onto some poor alderslob who's only too happy to entertain their views for pander opportunities.......(this is not to say that I disagree with all the points this one laid out - I don't actually.....however my understanding is this is now fully entitled - having just completed the process, and all that's left now would appear to be permits - so the time is past for them)........for another example, I'm thinking of that newish nimby splinter group that popped up in the West Loop - the real militant one that was holding up - and ridiculously forced changes to (through the alderslob) the 111 S Peoria project, now being entitled in changed form......

I'd be watching for permits and activity down this way. Person I know who lives adjacent to site mentioned recently that notices went out early this month that stated something like (iirc) construction will be beginning in the next several weeks, as early as (I think) the end of May. While I don't think that will be achieved, June would seem to be fully in play for at least major site prep to begin.....

My guess would be that this one starts construction officially before Vista does....(maybe by a few weeks-1.5 months or so?).....

This one should start before Wanda. I bet caissons start sometime around Sep/Oct.

Wanda should start in June or July I believe.

I'm 40+ and married and have zero cars and am a downtown homeowner. That's just reality.

Perhaps not early-20s, but you might be surprised how many late-20s and 30-somethings who have both the money for and the interest in a development like this one. As long as we're throwing around anecdotes, it was a 26-year-old who bought the $800,000 unfinished condo next to me and poured another half-million into making it his own. I think that's probably well within the price point of this development.

It's a PD, is it not? A PD can negotiate that, can it not?

It's also worth noting that the City has put hundreds of millions, if not billions of dollars in investments into the area immediately surrounding that, a good chunk of that investment is targeted toward reducing driving. When a city invests in allowing, even encouraging, a car-free or car-light lifestyle, it is a waste of public money to then require parking and not irrational to even actively limit it. The price paid almost doesn't matter, since at all price points there will be some people who don't need or want a car, and they should not have to both subsidize investment in car-free areas AND also pay additional money for a place that can accommodate a car the do not want. I'm not necessarily against letting developers make market-oriented decisions about parking, but I'm also definitely not against it if the City were to actively discourage parking at sites that can support car-free living.

this is an exciting one.. skyline booster

Yeah, actually there's a bunch of people in their 20s and 30s in the city with a lot more money than you'd expect. Mostly traders. Some of the people buying units in 4 E Elm, which is minimum of $2.5M are in their late 20s and early 30s working for firms like Jump.

Anyone have some info on when this one is supposed to start?

^ I'd been expecting it to be before the end of this month.......so, that's not going to happen apparently. Would definitely expect groundbreaking in July.....

Has any site work begun over here yet?

Perhaps pushed back to August now (as Vista)?......

I walk past this site every day and haven't seen any movement at all.