In Spite of Opposition, Lincoln Yards Lands $900M in TIF Money
People trying to stop, slow, or just change the massive Lincoln Yards development on Chicago’s north side lost another battle in City Hall. Rendering of Lincoln Yards (Via Sterling Bay) Chicago’s Community Development Commission voted unanimously to grant developer Sterling Bay $900 million in TIF money to help spur progress on the Goose Island mega project. The $6 billion development includes more than two dozen buildings...
A Done Deal? Lincoln Yards’ Biggest Hurdle Cleared
The biggest obstacle to Sterling Bay’s enormous Lincoln Yards development appears to have been cleared. That obstacle was 2nd Ward Alderman Brian Hopkins. In a message to his constituents, Mr. Hopkins outlined the changes that Sterling Bay made in its plan for the former A. Finkl & Sons steel mill land after his objection to the July and November versions: The soccer stadium is gone, replaced with park space Total park...
Lincoln Yards Plan B Nearly Doubles Park Space
Just days after Second Ward Alderman Brian Hopkins told his constituents that he won’t support Sterling Bay’s vision for the massive Lincoln Yards development, the West Town developer is out with plan B. The main sticking point in the original plan was an entertainment district, anchored by a soccer stadium and a number of live music venues owned by massive global entertainment octopus Live Nation. It’s not that the...
One Small Hole Indicates The Coming of One Chicago Square
All great Chicago skyscrapers start with humble beginnings. And One Chicago Square has humbly begun in the parking lot of Holy Name Cathedral. Gold Coast Spy Tom sent in the photograph above showing soil sampling in the parking lot that will have a 1,045-foot-tall skyscraper in it by 2022. Even though soil sampling crews extract dirt from beneath the surface, we like to think of them as planting the seeds of a skyscraper. They...
What Friends of the Parks Sees for Chicago in 2019
It’s the time of year when everything useful has pretty much wrapped up, and all that’s left to do is balance the books and figure out who to blame for sticking you with rotisserie chicken-flavored candy canes as a Secret Santa present. So looking ahead to next year, we asked a selection of Chicagoans what they expect 2019 to bring. Here are five predictions from Juanita Irizzary, Executive Director of Friends of the...
Chicago’s Christmas Present? A 1,011+ Foot Tall Skyscraper
If you want to get the skyscraper nerd in your life a present, erecting the sixth-tallest building in Chicago isn’t a bad place to start. That’s the red ribbon box developers are giving the city, according to Crain’s Chicago Business. The publication reports that construction on One Chicago Square is expected to start in January 2019. This date is mentioned in a larger article about how Sterling Bay has joined JDL...
Survey: Lincoln Yards Neighbors Want More Roads, Bridges, Transit
As the enormous Lincoln Yards master plan from Sterling Bay trudges through step two of a nine-step approval process, neighbors have been given a chance to weigh in via the interwebs. Second Ward Alderman Brian Hopkins published the results of an online poll about the project which will bring up to 5,000 new residences, an extension of The 606, and an as-yet-to-be-determined amount of office and hotel space to the Goose Island area....
1,186 Pages Filed For Lincoln Yards Development
Get your Allen wrenches ready — Chicago’s next flat-pack instant neighborhood is getting ready to rise. Fresh off a string of successes turning Chicago’s meatpacking district into the hottest business and tech hub between Virginia and Denver, Sterling Bay has officially filed plans for its Lincoln Yards megaproject. “Plans” is an important word here because this project is so large, it’s been split into...
Sterling Bay Not Putting All of Lincoln Yards’ Eggs In One Basket
Sterling Bay’s Lincoln Yards development is widely seen as one of the frontrunners if Amazon decides to build its second headquarters in Chicago. But now that northern Virginia is largely considered the leader in the race for HQ2, it’s a good thing the West Town real estate developer has other rabbits to pull out of its hat. One of those bunnies is a new agreement with Live Nation. The L.A. entertainment octopus is going...
West Town Development Frenzy Jumps the Tracks
Earlier this month we told you about Sterling Bay’s plan for a new office building at 360 North Green Street. Now the paperwork has officially been submitted to the City of Chicago. In one way, the location makes perfect sense, as it is an extension of the massive land rush transforming West Town into Chicagoland’s leading tech hub. (Would the last meat packer in the neighborhood please turn out the lights before going...
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In Spite of Opposition, Lincoln Yards Lands $900M in TIF Money February 20, 2019 -
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