Quote:
Originally Posted by ardecila
I still believe the Red Line stop was part of a package to attract intense office use to the site. Related tried pitching The 78 to office tenants and apparently struck out big time, so they've reduced the office component to almost nothing. CTA access doesn't matter as much for casino, residential or even DPI.
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Always seemed silly to me to think this would have a high density (or at least a larger scale) office component. Why would Related have thought that was realistic? Suppose no harm in testing out the market to see if you get lucky and any large fish happened to bite, but it was just a very long shot.
As always, what makes the most sense here is for the overwhelmingly largest component to be residential.
There's a possibility you could get something that builds off of DPI, a little section of the overall development that's a little r&d/lab/tech stuff going. That would be nice but hard to imagine it challenging residential for dominant use here.
Just hope the casino here doesn't win. That just throws everything off, and I think there's the prospect that the overall project could become just an ugly suburbanesque mess if it winds up getting 'anchored' by a casino and then everything else to be developed needs to somehow be synergistic with it.