Quote:
Originally Posted by left of center
I agree.
Did the developers pledge any funds into the station's construction? They should definitely not be left off the hook for that.
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No, that's not how it works. The money for the infrastructure projects comes out of the property taxes that the new developments pay. If Related decides not to pursue certain infrastructure projects, that money simply goes into the regular tax coffers as part of the required property tax payment. It's not like they get to keep the money.
Quote:
Originally Posted by Klippenstein
My guess is that they will leave room for a future station and we won't see any real talks about breaking ground until most of the 78 is built out.
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Yes, this is a possibility. Once they realign the Rock Island tracks, they should have easy access to the existing Red Line tunnel to construct a station box. Any building at the SW corner of 15th/Clark is years away.
