Quote:
Originally Posted by BVictor1
23 South Sangamon
-DX 5 Zoning
-The project is now 1 tower instead of two
-Approx 80 Condo units vs 370 rental
-Average unit 2,200 sq ft
-19 stories
-30 to 40% presales
-They'd like to begin construction early 2022 with completion late 2023 or early 2024.
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I think the revised design and massing is superior to the original proposal.
Also, I've said it before in this forum, but some savvy developers that anticipate push-back from community organizations will over-design proposals, especially in terms of height, and then scale them back to 'appease' those organizations, even though the cost metrics associated with the project most likely line up with the 'revised' proposal to begin with.