^Optima OOW shows that the much-maligned towers-in-the-park design can indeed be awesome (thanks for not including surface parking lots!).
^The article spyguy posted re: sale of "The Curve" site is interesting.
1) Does anyone know, what are the guidelines of the PD approved for that site? Maximum height, allowable units, etc.?
2) the article states Chieftain Group bought the lot on the SW corner of Harrison/Wells; part of the "Franklin Point" area on the former Grand Central site. Maybe we'll see a new proposal for this land before long...
EDIT: see this PDF from their website for a general massing:
http://www.chieftain.ie/pdf/grand_central_chicago.pdf
200 bed hotel, two 25-story towers, 15000 sq ft of retail, and a "range of 1, 2, and 3 bedroom" condos. Looks like a small little plaza space right on the corner. Retail along Wells. Parking garage behind the two towers, far away from the street. Construction start in Summer 2009, completion in 2011. Architect is Brinstool + Lynch, which should give a pretty good idea of the aesthetic since B+L doesn't seem to diversify their highrise style much. Height looks to be slightly less than the nearby Wells Street Tower. Rough guess, I'm thinking we're looking at about 300-320ft in height on the towers (Phase II a bit taller), so maybe 350-400 residential units total between them.
Vetro buyers will be ticked. Does the site already have PD approval to build this? Or will they need Fioretti's approval, i.e. have south loop NIMBYs kill the project through dependable pandering?