Quote:
Originally Posted by ardecila
Jewel is behind the times for sure, but Trader Joe's sees equal numbers of walk-ins vs drivers. The drivers are people like me that live a few miles away from South Loop, but it's still the closest TJ's location.
With Jewel having two other locations on Roosevelt (at Canal and Ashland) I wonder if they will look to redevelop this site at some point. I assume there is some CRE landlord in the mix as well.
|
Hopefully Jewel does to that location what it did in the Gold Coast a handful of years ago by allowing a developer to build a tower on it and just put the Jewel back in the ground floor.
2015:
https://www.google.com/maps/@41.9037...7i13312!8i6656
2021:
https://www.google.com/maps/@41.9037...7i16384!8i8192
Also what happened to Treasure Island in LVE recently is promising too - getting rid of that and its parking lot and building something dense from a people and also built environment perspective.
Quote:
Originally Posted by Investing In Chicago
At what point is an area so small that it doesn't matter? What you linked is like 15 buildings in 2 linear blocks, i'd wager almost every large city with residential highrises has something similar to that. If you go east or west of that block, the residential density drops significantly.
Again, my point is that comparing density to Manhattan is disingenuous because:
1. the density isn't including all of the people in the neighborhood
2. the area is so tiny that it is basically meaningless
This isn't a better or worse scenario, as I much prefer the scale/pace of Chicago overall, but it just isn't all that meaningful.
|
If you go east of that area? You mean into Soldier Field, Shedd Aquarium, and the lake? Not sure why you would mention EAST of there. Of course it drops in density - nobody lives there!. In any case, it's pretty easy to have a big drop off of density when you're already at 135K ppsm. But the area west of that is still dense by most any standard. Between Roosevelt, State, Michigan, and 15th st (train tracks) is 72,031.6 ppsm.
The following area is 69,748 ppsm. I didn't include Dearborn Park in this and keep in mind this includes the vacant land west of Roosevelt Collection along the river. I can think of 3 high rises currently U/C in this area and another that opened after the census was taken. If we assume 90% of the units will be taken and all things equal and literally no other developments happening, then the area would be at 75k - 80k ppsm density. Given the development going on here in the last handful of years and how there's still multiple vacant lots left, it wouldn't surprise me at all to see this area approaching 100k ppsm or over it in 2030.
No i'm not saying this is Manhattan (though Manhattan as a WHOLE is around 75K ppsm) but this is fairly dense by any standard.