A step in the right direction.
https://www.chicagobusiness.com/comm...opers-actually June 04, 2021 Here's an affordable housing solution developers actually like A tax credit could become a carrot for a sector that's long groused about the sticks. ALBY GALLUN https://s3-prod.chicagobusiness.com/...able_web_i.jpg Quote:
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Here’s to hoping. We’ve been waiting for Related to start one of their West Loop highrises for a very long time
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LOL....Indeed. "Just build something..."
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Interesting. Exciting that this will add even more fuel on the fire of downtown development and create more affordable housing in the process.
Related's got multiple projects in the hopper too and they were pushing hard for this legislation. I wonder if this will jumpstart 400 LSD and 1061 W Van Buren as well, or some unspecified residential building at The 78. |
So this building's address is 900 W Randolph but really it's not going to be on Randolph, right? Looks like it will be on Peoria really going over a surface lot and 1 or 1.5 story industrial building. I'll actually take that over tearing down some of those building on Randolph.
And speaking of West Loop - is there any serious chances any part of the Kennedy get capped? That would kind of do wonders from a walkability/continued urbanity (in a way) kind of perspective. |
Yeah the tower may end up with a Peoria address. The overall development includes the retail properties on Randolph though so it goes by 900 W Randolph.
The city is usually pretty strict with house numbers so the Fire Dept shows up at the correct place in the event of an emergency. |
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Long answer: I can't say anymore |
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I am conflicted as I love the design but really don't like how tall/big it is for the neighborhood. But hopefully everything turns out looking alright.
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I am bad about posting pics, but I walked by the site today on my way into WeWork and demo has begun on the site for the few buildings they need to tear down.
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The first new construction permit was issued yesterday, for the foundation only.
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Well, that’s about as good a sign as any |
I realize there are many factors in play, but I'm still amazed that OC is nearly fully-glassed at twice the height, and 900 Randolph is finally about to break ground. News broke for both towers on the same day in 2017. Wild.
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July 22, 2021
August 3, 2021 |
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