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  #10  
Old Posted Nov 27, 2019, 4:27 PM
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gebs gebs is offline
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Join Date: Jan 2017
Location: South Loop
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Quote:
Originally Posted by UPChicago View Post
I tend to think a lot of people here succumb to groupthink and assumption. Nothing coming from official sources suggested that this wasn't going to happen. The developer said quite a while ago that construction would occur in Q4 2019, why wouldn't people wait till then before jumping to conclusions is beyond me.
While you have a point on groupthink, I think we were all right to be skeptical about the following developments:

March 2016 per Curbed: "JK Equities’ Jerry Karlik said he and his team hope to have the entitlement process complete by June or July of this year [2016] and break ground within 12 to 15 months if all goes to plan" -- that would mean groundbreaking by summer to fall of 2017.

January 2017 per Curbed: "groundbreaking is anticipated to take place in 2018 with delivery targeted for 2021."

And now it's nearly December of 2019, so, in this case, we can be forgiven if we take developers' predictions with a grain of salt.
     
     
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