Quote:
Originally Posted by Hayward
Yep and similarly on that note, I had been like a kid looking for Christmas presents ahead of the meeting date on the clerk’s website but came up empty. Best not spoil the surprise I guess
|
Why would the developer file a petition for rezoning if they are still involved in complex negotiations with the alderman and community groups? That would be a sign of bad faith on the developer's part.
Usually you only see that if the developer is incompetent, or if 90% of the details in the PD have already been hammered out and the only points of contention relate to the height/density/massing of the proposed building. The developer is confident of an eventual approval by the alderman, so he feels comfortable filing the petition and then swapping in a revised plan later with a Substitute Ordinance. Doing it that way can shave a month or two off the approvals timeline, but for a condo project the developer still has to go through a long pre-sales period before launching construction, it's not like they're going to mobilize on site with a foundations permit the second the ordinance is passed.