The NIMBYs were nowhere to be seen Tuesday night in West Town. At least not at the Merit School of Music, where F4 Consulting revealed its updated plans for a condo development at 200 South Green Street.
The community meeting was strangely devoid of neighborhood residents decrying anything taller than a two-story townhouse. The key to success turns out to be parking.
Finding a parking spot is getting tougher in the West Loop. The City implemented a pilot program earlier this year disallowing parking—for just a couple of hours in the mid-afternoon—on a stretch of Sangamon and Green Streets beginning at Van Buren. The idea is to prevent downtown workers from driving in from the suburbs and parking for free, then walking to work.
Of course, for residents (and visitors), that just makes it tougher to find a place to park. And the closer you get to Halsted Street, the harder it is. Hence, at the previous community meeting for this project last April, parking was one of the components that drew heavy interest from that version of the 200 South Green development.
This latest version of the structure calls for 10 stories, the first three of which will contain parking for residents and visitors. Anywhere from 120 to 140 of those spaces will be hourly parking for non-residents. That’s roughly the same number of spots that are available on the paved lot at 200 South Green now, which will be displaced by the new construction.
The exterior will combine limestone and masonry. Units will have 12-foot by eight-foot balconies along Green Street and those facing West Jackson will have 12-foot by five-foot balconies on the south side. The interiors will be spacious: 50 2,000 square foot three bedroom/two-and-a-half bath units, and 10 3,000 square foot four bedroom/three-and-a-half bath units. Prices are expected to start at around $600,000.
F4 Consulting plans to break ground by April, 2014, and offer first occupancy by January, 2015. The full project should take about two years to complete.