http://www.lakeeffectnews.com/2010/0...ight-for-park/
West Edgewater Residents Fight For Park
By LORRAINE SWANSON
...The French-owned Dexia Bank, which owns the former medical center in U.S. bankruptcy court proceedings, has approached O’Connor with schematics for a planned development to replace the existing medical buildings on the property. Plans call for a residential and commercial development, including
342 rental units, town homes, a parking complex and ground-floor retail. Dexia has yet to submit any formal plans to the city.
...Dexia is in the process of lining up architects and planners to redevelop the parcels. The bank also plans to go before the Chicago Plan Commission to gain commissioners’ approval for a planned development and apply for demolition permits. By doing all the front work Dexia hopes to make the property more enticing to prospective buyers, particularly in a down economy.
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Surely there must be a way to use the John Wayne Gacy connection to stop this park idea.
