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Old Posted Jul 10, 2019, 3:08 PM
marothisu marothisu is offline
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Join Date: Dec 2012
Location: Chicago
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Quote:
Originally Posted by moorhosj View Post
The 78 has zoning for 10,000 units, Lincoln Yards has 6,000, another 1,500 in the River District, and Riverline/Southbank has 3,700. If the demand continues, there seems to be some cushion.
Also, many parcels downtown are zoned already for moderate to large buildings. The people who might be affected are those developers trying to build very luxury places that need a zoning change. I don't think this will be a problem on average downtown. A lot of those would probably go under as of right. I don't know what their plans for as of right are for the ARO though. It doesn't seem like downtown area need to worry too much about this, I think? It's the other areas perhaps. The very luxury 8 unit building looking to go up in Lincoln Park that needs a zoning change will be impacted.
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