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Originally Posted by ardecila
^Blame the landmark district. Randolph is explicitly called out as a lowrise/midrise commercial street. Many of these proposals have to go through landmark review on top of other approvals.
Also as a general matter, retail diversity depends on stumpy lowrise “taxpayer” buildings. This is most clear in Toronto where the taxpayers contain all manner of convenience stores and diverse ethnic-owned businesses. That kind of thing is what helps make a desirable neighborhood - high rise podiums simply cannot attract this kind of tenant except under very unusual circumstances.
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I think it's more a matter than landlords in those buildings want tenants that can pay at the high end of market and sign long leases and have a long, stellar credit history to back the lease. If landlords wanted convenience stores and diverse, ethnic tenants, they could easily get them if they accepted the terms those tenants seek.
And speaking of Toronto, I still remember the first time I flew into that city, seeing the city from the air and observing that I could pretty much draw the transit map just from that aerial view because the subway stations all had lumps of taller buildings. You don't see that in Chicago, at least nowhere nearly as obvious.
https://i.pinimg.com/originals/0e/b2...bdbd4f2875.jpg