Articles By Alex Nitkin, The Daily Line
It was a “very different” tone from the days of former Mayor Rahm Emanuel, whose Planning Commissioner David Reifman “hated this project,” Ald. Carlos Ramirez-Rosa said with a laugh.
The Crayton Advisors building at 308 S. Green St. is set to include ground floor retail and 105 parking spaces.
If approved, the proposed buildings will be the fourth and fifth office towers in the West Loop from Sterling Bay in under two years.
Chicago’s 11 Weed Dispensaries Wouldn’t Need New Permit To Sell Recreational Pot Jan. 1 Under Mayor’s Plan
The existing medical marijuana dispensaries would just need to prove they’ve notified all property owners within 250 feet.
The developer will pay $7.6 million into a city fund and offer some affordable retail space for "mom-and-pop businesses," Ald. Burnett said.
Aldermen have begun pushing back, stalling Lori Lightfoot’s first attempt to increase the supply of affordable housing and pressing her appointees on their views of aldermanic power.
Ald. Brian Hopkins, a vocal supporter of the TIF district, said the $6 billion project “is already moving forward,” and that it “wasn’t even slowed down by this lawsuit.”
Despite City’s ‘Rush To Judgment’ On Lincoln Yards, Judge Says Lawsuit To Block Tax Subsidy Might Not Fly
The city is trying to get a lawsuit aiming to stop $1.3 billion in tax dollars from going to the Lincoln Yards project dismissed. A judge could rule on it next week.
Residential development will remain forbidden throughout the mostly industrial district under new zoning.