Posted Jan 5, 2021, 2:37 PM
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The City
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Join Date: Jul 2004
Location: Chicago region
Posts: 21,375
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I agree that this development is ridiculous and a worthless pipe dream.
We can't even get huge swaths of dirt redeveloped literally RIGHT NEXT DOOR to this, and we're supposed to expect this to happen?
Not only do I expect this to not get off the ground, I don't want it to. That's not how things work. First you develop out the vacant land that's already there. Then, as land gets scarce and property values rise, you start doing projects like this.
A project like this is a minimum of 50 years away from being viable. We'll all be dead
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