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Old Posted Apr 17, 2019, 4:32 PM
sammyg sammyg is offline
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Join Date: Aug 2007
Posts: 386
Quote:
Originally Posted by Goose Island Guru View Post
You're kidding right? You're actually serious?

Think of Lincoln Yards as a collection of properties. These properties are not coming individually without those vastly important items being in place.
That's my issue - if this was a collection of smaller properties, it would develop organically just fine. But instead the city sold its property to Sterling Bay and ended up with a giant single development that apparently won't be profitable without a billion dollars of investment. If Sterling Bay can't afford to build there, break up the property into smaller lots, sell for what they can, and let the smaller developers make a profit.
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