Good news about the residential component of Block 37 - timing is a bit strange, but the location is superb so it shouldn't have too much trouble. What I don't understanding is their logic of not building the hotel at the same time. It seems like it will already be a major inconvenience to build this apartment tower, disrupting the street and possibly the retail tenants; why do it all over again a few years down the road? Also, most of the previous designs seemed to show the hotel + residential towers connected, which makes some sense since the only lobby/elevators are along Randolph.
This was a design from a few years ago by SBC:
What will be nice is that eventually after this construction phase, they might finally open up the public rooftop garden. That could be another potential activity driver depending on the programming.