Quote:
Originally Posted by Steely Dan
^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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That is sad that there are so many people that are against new development especially in a growing area such a downtown Evanston. Thanks for the update though. I will hope for the best on this one. If they have 5 years there is no reason they cant accomplish this. The housing marketing shouldnt take that long to come back around...hopefully!