CHICAGO | General Developments

[Steely Dan]

Originally Posted by west-town-brad

This is largely what has happened over the last 20 years which is why you can have so much development with a decreasing population - and Chicago’s population has dropped a lot over that period of time.

the decreasing population over the past 20 years is 100% the result of decreasing HH size.

the # of HH's has actually increased since 2000, but families with a lot of young children continue to be replaced by singles, DINKs, and families with fewer children.


chicago HH's 2000: 1,061,928
chicago HH's 2020: 1,142,275


chicago HH size 2000: 2.67
chicago HH size 2020: 2.36

[marothisu]

Originally Posted by Steely Dan

the decreasing population over the past 20 years is 100% the result of decreasing HH size.

the # of HH's has actually increased since 2000, but families with a lot of young children continue to be replaced by singles, DINKs, and families with fewer children.


chicago HH's 2000: 1,061,928
chicago HH's 2020: 1,142,275


chicago HH size 2000: 2.67
chicago HH size 2020: 2.36

And typically, the number of households actually grow the tax base. A family of 4 (2 adults and 2 kids) in 1 household being replaced by 3 single households might (depending on factors) increase the tax base even if the population went down by 1.

[thegoatman]

More quality infill coming to Uptown. 5 story mixed use building replacing a drive thru bank

https://blockclubchicago.org/2022/05...-clark-street/

[Steely Dan]

^ nice!

anytime one of these single-story standalone little branch bank shitboxes w/ a parking lot & drive-thru gets obliterated, it's pretty much just as good as a stripmall biting the dust.

what's a little odd here is that the bank was just built back in 2015, which is a pretty damn fast redevelopment timeline, but hey, i'll take it!

[marothisu]

Originally Posted by Steely Dan

what's a little odd here is that the bank was just built back in 2015, which is a pretty damn fast redevelopment timeline, but hey, i'll take it!

You must be thinking of another one - pretty sure this one has been around awhile:

2007: https://www.google.com/maps/place/47...!4d-87.6669365

2021: https://www.google.com/maps/place/47...!4d-87.6669365


I'll take it though - when you put a bunch of these 4, 5, 6, etc story residential buildings together it creates some nice density.

[Rizzo]

I love these 4-5 story developments. Generally they are of decent architecture and are helping densify these major avenues. There’s one posted on YIMBY today for 4 story building on Western that looks great.

[Steely Dan]

Originally Posted by marothisu

You must be thinking of another one - pretty sure this one has been around awhile.

I was just going off of what the article reported, which is that the existing bank building was built in 2015.

They must've gotten their facts wrong.

2015 might've just been when byline bank took over the branch, not when the building itself was built.

Either way, a solid urban win!

[Rizzo]

A lot of these banks built in the mid to late 2000’s were obsolete when they opened. Drive thru’s are bricked up with the ATM’s removed. COVID accelerated interest in total online banking with even the most tech averse giving into depositing checks by phone. Banks seem discouraging to walk in customers, even when it deals with some serious financial transactions. More businesses are dealing with less cash.

The last time I was at a bank was to add a partner to a business account. That was like 3 years ago. These types of transactions can be done with a ground floor business operation. Not a standalone structure.

[glowrock]

Originally Posted by thegoatman

More quality infill coming to Uptown. 5 story mixed use building replacing a drive thru bank

https://blockclubchicago.org/2022/05...-clark-street/

I literally just walked by that building about 45 minutes ago while enjoying the gorgeous weather today. Amazing how much infill is occurring along Clark St between Montrose and Lawrence!

Aaron (Glowrock)

[tjp]

^ I would love to live across the street from Carol's!

[the urban politician]

LL giving Aldermanic privilege an ass-whipping!


Glenstar scores $24M tax break for O’Hare affordable housing
Project with almost 300 units was first presented in 2016

https://therealdeal.com/chicago/2022...dable-housing/

[dewbs]

Originally Posted by Randomguy34

Happy Friday everyone

Construction permits were issued for a 116 unit midrise at 1131 W Winona. It's 64 unit sibling at 1135 W Winona is already under construction

They're pouring the foundation for 1131 W Winona today, had cement mixers lined up down the block.

[Klippenstein]

^ you can get a really good view of the site from the red line. I wasn’t quick enough to take a picture after I noticed this morning and didn’t go back that way.

[ithakas]

Demolition Permits Issued For 4155 S Packers Avenue In New City


A demolition permit has been issued for the removal of an eight-story masonry building located at 4155 S Packers Avenue

https://chicagoyimby.com/2022/05/dem...-new-city.html

[the urban politician]

^ Have you looked to see what is around that building?

Yes, as a building of that style it would be nice to preserve. But, just look at the context. There is absolutely nothing around it but empty land and massive warehouses.

[ithakas]

Originally Posted by the urban politician

^ Have you looked to see what is around that building?

Yes, as a building of that style it would be nice to preserve. But, just look at the context. There is absolutely nothing around it but empty land and massive warehouses.

Yeah after I posted I looked at the context and it's a bit more understandable. But it stings a bit when I think about similar recent losses in a place like the Central Manufacturing District.

[BrinChi]

Yes the damage is already done. The shame is that the area used to be full of buildings like this. All potential for a residential urban warehouse district is now gone. It'll be single story warehouses for the foreseeable future. At least I can get same-day delivery with Amazon. Yay.

[SolarWind]

May 5, 2022

[SolarWind]

May 5, 2022

[SolarWind]

May 9, 2022