I mean just the thought of using the Chicago River as a mode of transportation is exciting. The transition from industrial sites to work/live environments is very much inline with the 21st century.
The building will not be built in Lincoln Yards, but a few blocks north.
"Developer Sterling Bay is set to begin construction of Chicago’s first mass timber building, a nine-story, apartment tower in the Lincoln Park neighborhood. If approved by City Council, the $50 million development may kick off widespread use of the modern technique, already popular in other cities, which boosters claim is more environmentally friendly than concrete or steel and provides residents with a warmer ambience.
Company officials said they hope to break ground by early next year at 2100 N. Southport Ave., several blocks north of Sterling Bay’s planned $6 billion Lincoln Yards development, and within another 24 months debut up to 135 new rental units.“
How big is the building in the middle?
Its pretty big. Looks like a smaller Salesforce (San Francisco).
It’s place holder they’ve thrown in their renderings but its 650’ in my model.
„ The third-biggest US city has been slow to issue permits …
Mayor Lori Lightfoot “put a brake on our entire project,” he said in an interview Monday, adding that that the delays set the project back by three years. “She fought the development…
Gloor said he already has refinancing interest from private individuals, with which the company wants to move forward.
He also added that Chicago had some 60 cranes in the air in 2017 and 2018 when Rahm Emanuel was mayor. That dropped to an average 11 or 12 during the Lightfoot administration.
“It’s absolutely fair to say that if Rahm Emanuel was still mayor, we might have eight cranes up in the air in Lincoln Yards right now,” he said.
…
Gloor is optimistic that the project will take off when Mayor-elect Brandon Johnson takes over next week. Sterling Bay still needs to receive more permits, including those for infrastructure.
“I can’t say enough just of my initial meetings with Brandon and his team,” he said. “I’m super encouraged that he understands the importance of these large developments for Chicago.”
I wonder what her problem is/was.