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Old Posted Nov 10, 2009, 7:52 PM
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Steely Dan Steely Dan is offline
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Join Date: Jul 2001
Location: Lincoln Square, Chicago
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^nope, nothing at all. my guess is that they won't even attempt to get this one geared up until the economy and housing markets start showing better signs. according to the approval granted by the city, the development team has 5 years from the date of the approval to get construction started, otherwise the approval will be void and they'll have to go through the whole process again. and if that happens, i would imagine that the project would likely fail in a second pass after the elections earlier this year that brought a couple new NIMBY-backed alderman into the city council, shifting the balance of the council from pro- to anti-development.
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