Quote:
Originally Posted by ardecila
This has nothing to do with One Bennett Park. It really only benefits the townhouses that have stared out at a vacant lot for years.
I'm sure someone at some level exerted pressure on Related to do this. Either SOAR or Ald. Reilly.
Related has an incentive to keep people happy, they want to get approval for whatever they decide to build eventually. The market still isn't quite there for condos yet where you'd have a significant number of buyers in the 0.1%.
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I suppose the land is too valuable for the park to be permanent. When the Chicago boom picks up hopefully Related reconsiders and what they put there is worth the amazing lot.