Seemingly a bit more information on the Holy Name parking lot project:
http://www.chicagobusiness.com/reale...700-plus-units
April 05, 2017
Holy Name residential project could include 700-plus units
By ALBY GALLUN
A residential development with
more than 700 apartments and condominiums could rise from a parking lot across from Holy Name Cathedral in River North, the developer negotiating to buy the property said today.
Jim Letchinger, president of Chicago-based JDL Development, confirmed that he is in talks with the Archdiocese of Chicago to acquire the site at the southwest corner of State Street and Chicago Avenue. Though his plans for the parcel are far from firm, he outlined his vision for the project and explained his motivation for pursuing it.
"It's at the crossroads of the great neighborhoods of Chicago. It ties North Michigan Avenue, River North and the Gold Coast together," Letchinger said. "The scale of the site gives us the opportunity to create something that is spectacular for the City of Chicago."
That something would include a mix of apartments and condos—JDL hasn't settled on how many of each type—in multiple buildings on the property, plus around 100,000-square-feet of retail space, he said.
JDL has hired Chicago-based Hartshorne Plunkard Architecture to design the project and plans to bring in another Chicago architecture firm to work on it as well.
Quote:
Anticipating questions about where all those residents in his development will park their cars, Letchinger said JDL plans to create parking underground and away from sidewalks. Many downtown developers have faced criticism for building towers on big, lifeless parking podiums.
"The street will be lined with active uses," Letchinger said.
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