Quote:
Originally Posted by ardecila
By the time JDL gets done re-negotiating the RDA, hopefully the investment climate is better. Sterling Bay exhausted their patience with the investors, but JDL should probably enjoy a few years of goodwill. Even if the climate is still "bad", JDL could front-load some big SFH/McMansions or townhouses to show some forward progress, maybe on the north end of the site along Dickens/McLean where the streets already exist. Easier to finance, easier to sell. These could be paired with a small midrise elevator building for some affordable units as well.
I certainly think we'll see a lot less infrastructure than before, the Dominick bridge is probably dead unless they resurrect it as a pedestrian-only bridge which is much cheaper.
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IIRC, I read something saying the bridge is out. Hopefully, the developments would at least be able to accommodate it at a later time. Lack of river crossings and inadequate bridges is a real choke point for Chicago traffic, particulary with these large old industrial tracts
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