Showing posts with label 4th ward. Show all posts
Showing posts with label 4th ward. Show all posts
Monday, August 6, 2012
Outside Agit Prop Makes Confused Arguments About Local Hotel
-posted by chicago pop
All politics, it has been said, is local. It can even be micro-local, so much so that the framework used for understanding what goes on at one level in Chicago doesn't necessarily translate to another level.
That appears to be the case here. Once again, a hotel project, supported by a number of non-profit local institutions (the University of Chicago, the Museum of Science and Industry), representing the kind of expanded commercial opportunities that a majority of the neighborhood's residents have repeatedly said they want, has been targeted by interests not directly concerned with the neighborhood for use in their own ideological conflict.
Fortunately, they will lose. The hotel, which Hyde Park needs and wants - regardless of conspiracy theories centered on Penny Pritzker - will be built. Said interests will conduct their next skirmish elsewhere.
The hash of an argument presented in the flyer above, although it builds on a handful of genuine concerns, opportunistically mashes them together and forces them to conform to the Procrustean bed of the Occupation Movement's rhetoric. Even more basic, its factual allegations are annoyingly flimsy enough for us to take a few precious moments of our evening to dissect them.
Were it the summary of a doctoral proposal, we would send its fervent grad student author back to the stacks.
What seems to have triggered this mobilization is the Chicago City Council's decision last month to grant a further subsidy the the Harper Court project of $5.2 million, drawn from the City's amorphous general TIF fund. This was not the first city subsidy, but it was the first since the financial crisis and the emergence of Occupy Chicago.
What is clear above all is that the creators of this flyer don't like TIFs. TIFs freeze the property tax revenue going to various local taxing bodies, such as school districts, at the level they are at when the TIF is created. Subsequent tax revenue stemming from rising property values associated with a project are used to reinvest in the district, or to pay off the loans raised to pay for it.
So the $5,200,000 'siphoned' away from the CPS and other municipal services would most likely not have spontaneously materialized had TIFs not existed in the first place, because in many cases (like that of Hyde Park), property values are relatively stagnant and the market is inactive.
That's not good for school districts, because it keeps property tax revenues down. A hotel hasn't been built in Hyde Park in over 50 years. Growth in local property values has trailed Chicago average by 33%. 51% of existing structures in the district have been cited for code violations. (see p.3, here). Those are the kinds of conditions that can easily tip into a downward spiral of urban disinvestment - and THAT is what sinks local school districts.
More fundamentally, the flyer presumes that the problem of failing urban schools is a dearth of cash. This is deeply questionable. There are many factors going into the failure of inner-city schools, chief among them being the concentration of impoverished families in given school districts. The whole point of court-ordered desegregation policies after Brown vs. the Board of Education was to remedy this demographic imbalance. Throwing money at existing imbalances doesn't solve the problem bequeathed by segregation.
Another reason schools on the South Side are failing is because parents realize they are failing and move away. The result is under-enrolled local schools, like the one in my district. CPS runs a large number of failing schools for only a few hundred students, and this serves neither the students nor the taxpayers. Closing schools to consolidate districts, especially when those schools are underperforming, is by no means a tragedy: it's not that different from certain situations that arose under the system of court-ordered busing.
So when the flyer goes on to suggest that '7 schools from the neighborhood are scheduled to be defunded', it's misleading to suggest that the $5,200,000 could save them if it weren't going to some useless, fru-fru project like a hotel in Hyde Park, the only economic hub in the vast South Side of Chicago. That cash alone won't alter the concentration of poverty in school districts, increase parental involvement in or the valuing of children's education in those same districts, or necessarily improve the instruction they receive from their teachers. It's a simplistic, even spurious linkage.
Theoretically, you could abolish TIF districts and tax the rich all you like, but you're not going to fix the problem that way.
The more cartoonish aspect of this flyer, however, is the attempt to paint the hotel project as a white elephant resulting from the Pharaoh paying a favor to a nefarious Machine operative, Penny Pritzker, who, from her position on the School Board, acts to divert millions from reinvestment in schools and towards her own business (which her family no longer privately controls) .
First of all, it was the City Council that decided to funnel this $5,200,000 to the Hyde Park Hyatt, not Penny Pritzker, and not the Chicago School Board. Pritzker had little to do with it. The University of Chicago, as locals know, has been trying to get a hotel built in the neighborhood for half a decade or more, and would have taken a Marriott had not that plan been sabotaged by a truly myopic minority. The City Department of Planning and Development, together with the previous and present 4th Ward Aldermen - neither of them toadies to this or the previous Mayor - have supported the development of 53rd Street as a net benefit to the neighborhood and, by extension, the South Side of Chicago. Nothing in this document provides any reason why this should not be so.
Arguing that the entire project is simply a product of cronyism, a white elephant stemming from a politician's favor to a tycoon, ignores the local history of disinvestment, ignores the dynamics of urban economies, ignores the repeated surveys expressing preferences for expanded local retail opportunities, and above all, ignores the fundamental benefits a hotel would bring to the area -- stabilizing South Side neighborhoods by providing more jobs for workers, more business for local merchants, and a more attractive quality of life for taxpaying families who might decide to move here and commit to local school districts.
So it looks like the Penny Pritzker connection will be a "Gotcha!" one only for weak minds, and for those more concerned to squeeze local particularities into a ready-made ideological template of 99 vs. 1%.
There is undoubtedly a time and a place for that template. But it is not here.
Monday, July 9, 2012
On 4th of July Hyde Park Man Fires Gun over the Drive, says Everyone Was Doing It
-posted by chicago pop
But seriously, no one got hurt, so what's the big deal, right?
The anything-goes culture of Hyde Park 4th of July celebrations has turned the holiday into a summer version of New Year's Eve with the added benefit of amateurs playing with professional explosives, or drunken professionals playing with guns.
Like this man:
Like this man:
Wesley Jackson of 5400 Hyde Park Boulevard
[Source: Chicago Tribune]
That a trained law enforcement professional could repeatedly fire his handgun in an urban, public park and feel that his behavior was consistent with that of other people in the lakefront parks - that it was normal - suggests that a culture of of recklessness has grown up around the holiday.
The only reason that this local culture has grown up ('everyone is doing it') is because the community has let it happen. Everyone from Alderman Burns and the District 2 police down to local property owners: MAC - with its Del Prado and East Park Towers right on Harold Washington Park - and East View Park, Regents Park, The Powhattan - do the owners and boards of these and other properties want this to happen on their front lawns again next year?
It would not take much to prevent festivities from escalating to the level at which drunks and pyros comfortably indulge themselves with little worry of police intervention.
From Evanston Now:
The only reason that this local culture has grown up ('everyone is doing it') is because the community has let it happen. Everyone from Alderman Burns and the District 2 police down to local property owners: MAC - with its Del Prado and East Park Towers right on Harold Washington Park - and East View Park, Regents Park, The Powhattan - do the owners and boards of these and other properties want this to happen on their front lawns again next year?
It would not take much to prevent festivities from escalating to the level at which drunks and pyros comfortably indulge themselves with little worry of police intervention.
From Evanston Now:
The Chicago Tribune reported Friday that Chicago police arrested Jackson and he was charged with felony reckless discharge of a firearm after he allegedly fired several rounds across Lake Shore Shore Drive toward Lake Michigan near the University of Chicago campus.From the Chicago Tribune:
Police who stopped him said Jackson told them he was drunk and "everybody" was firing guns in celebration.
Chicago police officers responded to the 5400 block of South Shore Drive to assist University of Chicago police with a "man with a gun" call about 10 p.m. Wednesday and university police told them they heard three shots and saw muzzle flashes coming from behind a tree in the park, according to a police report.
They saw Jackson standing, facing Lake Michigan, with a gun in his hand and he placed his hands up and dropped the weapon when they asked him to, according to the report.
Prosecutors said that Jackson fired several rounds across the Lake Shore Drive and toward Lake Michigan.
A witness identified him and during an interview with Chicago police, Jackson said he was: "Just shooting at the lake -- it's the 4th of July and everyone is doing it,'' the report said.Jackson is employed by the Northwestern University Police, and has been placed on administrative leave.
He explained repeatedly that he was intoxicated after drinking five beers and was "f----- up,'' the report said.
Labels:
4th of July,
4th ward,
chicago pop,
public safety,
Will Burns
Thursday, July 5, 2012
Massive Illegal Fireworks Display Endangers Hundreds in Harold Washington Park: No Police Presence
-posted by chicago pop
"For Licensed Display Operators Only": 108 Shots Diamond in the Sky
Immediately after the City of Chicago's fireworks display came to an end a little before 9:30 this evening, a local entrepreneur - or, more likely, a number of them - decided to illegally keep the show going in the open area of Harold Washington Park directly east of Regents Park apartments, near Lake Shore Drive and the pedestrian overpass at 51st Street (4th Ward - Burns).
Some of the explosives, such as the tubes and large box pictured below, require a federal license to purchase and detonate, and the inventory of fireworks detonated probably cost $400-500 retail.
One of a half dozen fireworks installations, many professional grade 'Class B' barrages, left in the northern section of Harold Washington Park, on plywood sheets approximately 6'x4'.
Illegal fireworks barrage with launch burns visible in the grass towards Lake Shore Drive
For approximately half an hour, the safety of hundreds of people on the lakefront and dozens of passing motorists was endangered by a barrage of powerful, professional-grade pyrotechnics shot off directly over their heads.
The fireworks appear to have all been lit by hand, and within yards of 4th of July spectators. As of late on the evening of 4 July 2012, when these photographs were taken, the detritus was left scattered across the park grounds.
1.3 gram "Aerial Bombs" (license required for purchase), "Asian Sensation", "Never My Love," "Mammoth Strobe Mini"
Embers from the explosions in several instances fell directly onto the Drive, within feet of both observers and vehicles.
According to the Chicago Municipal Code, any person wishing to obtain a permit for an outdoor fireworks display must, among other things, be licensed by the City, have a letter of consent from the Alderman (4th - Burns), be insured up to $1,000,000, and have the site inspected beforehand by Deputy Fire Commissioner. The ability to purchase 1.3G explosives (like the candy-cane colored "Aerial Bombs" pictured above and below) requires a federal license from the Bureau of Alcohol, Tobacco, Firearms, and Explosives.
I am curious to know if tonight's pyrotechnicians had taken to trouble to meet any of these requirements.
"Z Shape Tomy Gun: 360 Shots"
During the entire period, there was no visible Chicago Police Department presence, or response to repeated 911 calls. Transporting and arranging fireworks of this size and number obviously required some time, and the effort of more than one person, none of which was detected beforehand.
Monday, April 23, 2012
Meeting on CDOT Plan to put Bike Lanes on 55th
-posted by chicago pop
Props to 4th Ward Alderman Will Burns. This is one of the best ideas I've heard about in a while. It's all about slowing things down. And when it comes to crazy traffic on the South Side's underutilized roadways, that's how it should be.
Substantial stretches of King Drive, 31st Street, and 55th/Garfield would be altered to incorporate protected bike lanes, and improved pedestrian safety and crosswalks. This would be done at the expense of lane space currently devoted to vehicular traffic. As a CDOT rep put it on the GRID Chicago blog:
CDOT traffic counts show that all of these roadways currently have more travel lanes and/or lane width than needed to accommodate their traffic volume, and this encourages motorists to drive dangerously. While studies show that road diets work well on streets that serve under 20,000 cars a day, actually improving traffic flow in many cases, 55th Street currently serves only 13,500 cars a day and King Drive only carries 9,000 to 11,500 cars per day. Due to the lack of congestion on these roadways, the agency found that 54% of cars on King are speeding, and 15% or motorists are driving over 40 MPH.
I'm sure lots of cyclists will agree with this traffic analysis based on their personal experience. Here again we see the pathological effects of the South Side's loss of density relative to historic levels: streets like King, Cottage, Indiana, 55th and others are far wider than their current levels of traffic would demand.
The North Side can only dream of having the kind of capacity we have down here. King Drive has 8 lanes! 55th is likewise quite broad as it passes through western Hyde Park and so encourages speeding and disregard for pedestrians.
So why not make room for bikes?
Details on the meeting:
Thanks to HPP reader PM for the update.The Chicago Department of Transportation (CDOT) is presenting on the 55th Street safety improvement project this Wednesday, April 25, from 6:30 – 8pm. This project, between Cottage Grove and Lake Park, seeks to create a safe and comfortable roadway for pedestrians, bicyclists, motorists and transit users accessing Washington Park, the University of Chicago, Hyde Park, and the Lakefront. The main features include enhanced pedestrian crosswalks and signage, protected and buffered bike lanes, and a ‘Road Diet’ between Cottage Grove and Kenwood.The meeting is open to the public.Time:6:30 – 8:00 p.m. Reception: 6:30 – 7:00 p.m.Presentation: 7:00 – 7:30 p.m.Q & A: 7:30 – 8:00 p.m.Location: Alumni House in the Klowden LibraryPresentation by CDOT Project Development Staff: Deputy Commissioner Luann Hamilton and Project Manager Mike Amsden
Thursday, March 3, 2011
Hyatt Hotel Coming to Harper Court
posted by chicago pop
The symbol of the University of Chicago is, being situated in a city famous for having once burnt to the ground, a phoenix. The symbolism remains vital, as the hotel that Hyde Park almost got in the 5th Ward on Stony Island and 58th Street will now be resurrected and take shape on the site of the old Harper Court, on Harper at 52nd.
The 53rd Street renaissance continues at a dizzying pace.
From Curbed Chicago:
Harper Court Partners released some details this morning about the hotel operator for Hyde Park's Harper Court. Olympia Chicago LLC and Smart Hotels, a company that specializes in campus hotels, have been selected to build and operate Hyatt Place Chicago @ Hyde Park. The six-story, 130-room hotel will be located on Harper, just north of 52nd Place, according to Christopher Dillion from Vermilion Development. The hotel, which is set to open in 2013, will feature underground parking, a restaurant, wine bar, pool, and fitness facilities....
From Crain's Chicago Business:
“A quality hotel has been a longstanding need for the community,” Dave Cocagne, president of Chicago-based Vermilion, says in the statement. “It will play a key role in the development of the 53rd Street corridor.”And, from the developers themselves:Financing for the hotel is being provided by Recovery Zone Facility Bonds to be issued by the Illinois Finance Authority. Smart specializes in campus hotels, though no properties are identified on the company’s website, while Olympia operates 16 hotels, according to Vermilion’s press release.
Vermilion tapped the Smart Hotels-Olympia venture after issuing a request for proposals from hoteliers last fall.
Mr. Cocagne in January said Vermilion had letters of intent for 60% of the project’s roughly 80,000 square feet of retail space. The first phase, which has a roughly $100-million budget, is to include the hotel, retail and a 150,000-square-foot office building to be used at least partially by the university.
Smart Hotels/Olympia Chicago LLC has been selected to build and operate the hotel, planned for Harper Avenue, just north of 53rd Street. Plans call for the LEED-designed hotel to have approximately 130 rooms, [and be] a destination on evenings and weekends, as well as during the work week.
Ed Small, President of Smart Hotels, said his team looks forward to presenting the preliminary hotel design to the community in March.
"This is an outstanding opportunity for us to bring a quality, environmentally-friendly hotel to Hyde Park," Small said. "The University, the City, IFA and MB Financial did extraordinary work to help us secure the project financing."
Hyatt Place Chicago @ Hyde Park is scheduled to open in 2013, to coincide with Phase I of the Harper Court redevelopment, which will also include retail, office, and outdoor spaces. Chicago-based LEgat Architects has been engaged to design the hotel.
The Olympia Companies has been in operation since 1969 and currently operates 16 hotel properties.
"We are excited to extent our portfolio of hotels to such a dynamic community and world-class university," said Kevin Mahaney, President and CEO of The Olympia Companies.
Labels:
4th ward,
53rd Street,
chicago pop,
Harper Court,
Hotels,
real goddam progress
Tuesday, January 11, 2011
Disappointing, Toni: Preckwinkle Endorses Hairston
posted by chicago pop
We're sorry to see former alderman Toni Preckwinkle leave the 4th Ward, and we like her pick for a 4th Ward successor (Will Burns), but what gives with her heavy lifting for a South Side mediocrity like Leslie "used to success" Hairston? Sista' Hood? We'll call it the Carol Moseley "I don't want to" Braun Syndrome (CMBS), and note that it seems to be spreading on the South Side this year. Symptoms typically include a lack of recent accomplishments, and being in need of a job.
In extreme cases, candidates with CMBS have 4 mortgages of up to $1.85 million on their home, while running business losses of a quarter million dollars, but nonetheless receive the glowing support of the South Side Establishment.
In a post-Daley election in which everything else is up for grabs, it's hard to understand the backing Preckwinkle is giving to Hairston. So I have to ask her the same thing I would have asked Jessie Jackson about CMB: Is this really the best you've got to offer, or is this just a friend who needs a job?
Saturday, August 7, 2010
Cornell Avenue Gets a Sidewalk!
posted by chicago pop


One of the lesser-known barriers cutting off Hyde Park from the rest of the world is the absence of a sidewalk along Cornell Avenue as it runs along Burnham Park from 49th to 47th Streets.
This leafy stretch, which in summer offers the rudiments of a Madison County fantasy to motorists, has also acted as a green buffer zone between the Indian Village area and 47th Street. As anyone who drives this road can tell you, the lack of a sidewalk forces pedestrians to walk in the street year round, sharing space with vehicles often moving at high speed in both directions.
Laying down a sidewalk along this stretch is therefore a long-overdue but major improvement in pedestrian safety, walkability, and connectedness with the rest of Chicago. Bravo to whatever arm of City bureaucracy (or perhaps the 4th Ward Alderman?) is making this happen -- if they can do this, surely they can fix a bus stop that doubles as a bottomless pit!
This leafy stretch, which in summer offers the rudiments of a Madison County fantasy to motorists, has also acted as a green buffer zone between the Indian Village area and 47th Street. As anyone who drives this road can tell you, the lack of a sidewalk forces pedestrians to walk in the street year round, sharing space with vehicles often moving at high speed in both directions.
Laying down a sidewalk along this stretch is therefore a long-overdue but major improvement in pedestrian safety, walkability, and connectedness with the rest of Chicago. Bravo to whatever arm of City bureaucracy (or perhaps the 4th Ward Alderman?) is making this happen -- if they can do this, surely they can fix a bus stop that doubles as a bottomless pit!
Tuesday, August 3, 2010
Wednesday, June 30, 2010
Sunday, January 18, 2009
Developing the 53rd St. TIF: It's Hard and We're Not Quite Sure How to Do It
Results of the Third and Final 53rd St. Visioning Workshop
posted by chicago pop
53rd and Kenwood
Over the last year or so, a variety of municipal agencies, community groups, and the office of 4th Ward Alderman Toni Preckwinkle have sponsored a series of three neighborhood workshops dealing with development within the 53rd Street TIF district.
The first two were designed to educate neighborhood attendees about the basic concepts and parameters affecting real estate development in the corridor, and to help illustrate positive correlations between such factors as density of households and the viability of urban retail districts.
Overall, the workshops were well received, drew input from a wider demographic spectrum of Hyde Parkers than the typical and impressionistic "community meeting", and demonstrated a broad consensus on the demand for improvements in the neighborhood's retail offerings liveliness.
The workshops also gave grounds for a cautious optimism regarding public acceptance of the need for higher residential density as a prerequisite for the commercial revitalization of Hyde Park.
People aren't necessarily opposed to getting dense, if it's done right and the economic necessity of doing so is made clear by running the numbers on possible projects. This is exactly what the third and final visioning workshop set out to do: illustrate the limits within which any urban development project is economically feasible by highlighting the economies of scale that come with density.
Reviewing the various development concepts from the November 15th workshop, it's clear that the facilitators tapped a rich well of creativity in the participants. Most of the concept proposals -- for the McMobil lot, the Dorchester Commons strip mall, and Harper Court -- are interesting, and some are attractive.
Unfortunately, none of them is economically feasible. It seems that while Hyde Parkers may be growing accustomed to the idea of density, none of the workshop proposals was dense enough to offer the kind of return that would attract a real-world developer.
Even with up to $6.2 million in subsidies from the 53rd Street TIF fund.
Workshop participants used blocks and a map to mock up a development proposal which they then gave to some real estate people who crunched the numbers then and there.
The chart below lists the development concepts that were graded as feasible, i.e., not money-losing. Of the 8 concepts that made this cut, only 4 of them would have generated any profit for a developer, and none of those came close to the threshold of 15% return on investment that was used as the no-go line beneath which few developers would risk their money.
The first two were designed to educate neighborhood attendees about the basic concepts and parameters affecting real estate development in the corridor, and to help illustrate positive correlations between such factors as density of households and the viability of urban retail districts.
Overall, the workshops were well received, drew input from a wider demographic spectrum of Hyde Parkers than the typical and impressionistic "community meeting", and demonstrated a broad consensus on the demand for improvements in the neighborhood's retail offerings liveliness.
The workshops also gave grounds for a cautious optimism regarding public acceptance of the need for higher residential density as a prerequisite for the commercial revitalization of Hyde Park.
People aren't necessarily opposed to getting dense, if it's done right and the economic necessity of doing so is made clear by running the numbers on possible projects. This is exactly what the third and final visioning workshop set out to do: illustrate the limits within which any urban development project is economically feasible by highlighting the economies of scale that come with density.
Reviewing the various development concepts from the November 15th workshop, it's clear that the facilitators tapped a rich well of creativity in the participants. Most of the concept proposals -- for the McMobil lot, the Dorchester Commons strip mall, and Harper Court -- are interesting, and some are attractive.
Unfortunately, none of them is economically feasible. It seems that while Hyde Parkers may be growing accustomed to the idea of density, none of the workshop proposals was dense enough to offer the kind of return that would attract a real-world developer.
Even with up to $6.2 million in subsidies from the 53rd Street TIF fund.
Workshop participants used blocks and a map to mock up a development proposal which they then gave to some real estate people who crunched the numbers then and there.
The chart below lists the development concepts that were graded as feasible, i.e., not money-losing. Of the 8 concepts that made this cut, only 4 of them would have generated any profit for a developer, and none of those came close to the threshold of 15% return on investment that was used as the no-go line beneath which few developers would risk their money.

Model and Rendering of Site Concept for Harper Court
Three factors seem to pose the biggest hurdles to these projects: 1) 4th Ward Alderman Toni Preckwinkle's firm and praiseworthy commitment to a minimum of 15% affordable housing in any residential project; 2) an opaque and mysterious local market in real estate that may inflate the cost of land acquisition; and 3) a public hesitation to go even denser.
The affordable housing requirement for TIF districts is a Chicago ordinance, and Alderman Preckwinkle is firmly committed to it. It's laudable, but in order to make it attractive for the kinds of projects Hyde Park needs, we need bigger subsidies from somewhere, or a tolerance for still greater density to offset revenue from the sale of below-market rate units.
The market value of land in Hyde Park is a vaguely mysterious subject, as there is so little of it, traded so infrequently, with so much owned by the University of Chicago, that it is hard to know if the going rate is really $75/sq. ft as the workshop proforma assumed.
A perusal of values for a standard-size, 3,100 sq. ft. vacant lot in the areas immediately west and south of Hyde Park puts them around or below $35/ft.sq. The few lots in Oakland/North Kenwood are in the $55-60/sq.ft. range.
But in order to find comparable $75/sq. ft. prices, I had to venture north to Bucktown and Edgewater, where this number represents the lower end of the range. Is this really what the McMobile lot or Dorchester Commons are worth?
One relationship that's not too clear from the document is the relationship between retail and residential space in any of the projects, and how tipping this balance either way works for or against it. For example, the most ambitious concept for Harper Court (pictured above) actually has more retail than housing units (115 to 114); this concept also resulted in the highest (7.8%) rate of return.
Likewise, two of three concepts for the McMobile site had roughly equal retail to housing numbers, and neither of them did more than break even. The question I have for our real estate folks is why McMobile #1, with 44 residential units and 10 retail, did no better or worse than McMobile #3, with 16 residential units and 17 retail.
What are we to take away from these numbers? Do we need more retail at these sites, or more density? If a 1:1 ratio works OK at Harper Court, why not at McMobile, and which way should it go at that site, or at Dorchester Commons?
And how in the world could Hyde Park support 115 new shops as proposed in Harper Court #2?
Whatever the answers to these questions, it's clear that the 53rd St. Visioning Workshops have elevated the discussion of development in the TIF District, and in Hyde Park overall.
No longer will it suffice for a few people to sign a petition and make vague protestations about what they consider acceptable or not at this or that place, based on this or that arbitrary standard.
Now we have a much better set of tools for figuring out what will realistically work at some of these sites, as challenging as it may be. We just need to figure out how make that happen.
The affordable housing requirement for TIF districts is a Chicago ordinance, and Alderman Preckwinkle is firmly committed to it. It's laudable, but in order to make it attractive for the kinds of projects Hyde Park needs, we need bigger subsidies from somewhere, or a tolerance for still greater density to offset revenue from the sale of below-market rate units.
The market value of land in Hyde Park is a vaguely mysterious subject, as there is so little of it, traded so infrequently, with so much owned by the University of Chicago, that it is hard to know if the going rate is really $75/sq. ft as the workshop proforma assumed.
A perusal of values for a standard-size, 3,100 sq. ft. vacant lot in the areas immediately west and south of Hyde Park puts them around or below $35/ft.sq. The few lots in Oakland/North Kenwood are in the $55-60/sq.ft. range.
But in order to find comparable $75/sq. ft. prices, I had to venture north to Bucktown and Edgewater, where this number represents the lower end of the range. Is this really what the McMobile lot or Dorchester Commons are worth?
One relationship that's not too clear from the document is the relationship between retail and residential space in any of the projects, and how tipping this balance either way works for or against it. For example, the most ambitious concept for Harper Court (pictured above) actually has more retail than housing units (115 to 114); this concept also resulted in the highest (7.8%) rate of return.
Likewise, two of three concepts for the McMobile site had roughly equal retail to housing numbers, and neither of them did more than break even. The question I have for our real estate folks is why McMobile #1, with 44 residential units and 10 retail, did no better or worse than McMobile #3, with 16 residential units and 17 retail.
What are we to take away from these numbers? Do we need more retail at these sites, or more density? If a 1:1 ratio works OK at Harper Court, why not at McMobile, and which way should it go at that site, or at Dorchester Commons?
And how in the world could Hyde Park support 115 new shops as proposed in Harper Court #2?
Whatever the answers to these questions, it's clear that the 53rd St. Visioning Workshops have elevated the discussion of development in the TIF District, and in Hyde Park overall.
No longer will it suffice for a few people to sign a petition and make vague protestations about what they consider acceptable or not at this or that place, based on this or that arbitrary standard.
Now we have a much better set of tools for figuring out what will realistically work at some of these sites, as challenging as it may be. We just need to figure out how make that happen.
Sunday, November 16, 2008
reallyboring reports: 53rd Street Visioning Workshop
posted by chicago pop
Check out the neighborhood blog reallyboring -- which is actually not boring at all -- for a snappy and illustrated account of this past Saturday's 53rd Street Visioning Workshop.
You may remember we put up a note on how the workshop would help you "Learn to Love Density." Sounds like it worked.
reallyboring's take is interesting:
Check out the blog for more pics of the blocks they played with -- and other cool snaps, like the one below.
You may remember we put up a note on how the workshop would help you "Learn to Love Density." Sounds like it worked.
reallyboring's take is interesting:
The purpose of the exercises was ... to gauge the community response to the fact that any new developments in the neighborhood, in order to be financially possible, would necessarily be fairly dense. The attendees, by and large, seemed quite happy with this, although there is an apparent generational divide, with older residents less in favor.Don't we know all about that particular "generational divide"! Glad to hear that, in spite of this, there was an overall positive reception of the linkage between density and feasibility.
Check out the blog for more pics of the blocks they played with -- and other cool snaps, like the one below.
Sunday, November 9, 2008
Learning to Love Density: 53rd St. Visioning Workshop Pt. 3 -- Saturday November 15
posted by chicago pop
The third in a series of workshops dealing with development dynamics on Hyde Park's 53rd Street retail district will take place this coming Saturday, November 15 (see flier below).
Hyde Park alum and Metropolitan Planning Council VP for External Relations Peter Skosey helps to explain what the whole things is about, based on a similar workshop done in the Lawndale neighborhood.
Check it out in this video:
Like the previous two 53rd Street workshops, this one will be based on a series of exercises meant to visualize and make tangible the abstract and ominous-sounding notion of "density." Using a method developed in Minneapolis called the Corridor Housing Initiative, the idea is to help people "connect community visions with market realities" through a series of exercises that demonstrate the variety of forms that density can take, and the market constraints that face developers in urban projects.
Logistics below:
Tuesday, October 28, 2008
Zaleski and Horvath Market Cafe
posted by Elizabeth Fama
It's not every day that bright, young, enterprising people open a totally hip, yet essentially retro, business in Hyde Park/Kenwood. But by some miracle it has happened, and on 47th Street no less, at the Z&H Market Cafe (named for the owners' grandparents). How to conjure an image? Think of an old-world neighborhood grocer, with a mix of fresh and canned goods -- except add refrigeration and a high-tech espresso machine. Think of a diminutive Dean and Deluca, only 785 miles closer. Think of a scaled-down version of Chicago's Fox and Obel, but with customers who've had no cosmetic surgery. The new Z&H Market Cafe has a bit of everything you need: high-end goods, a deli, superb coffee and tea, bread that's to die for, and even a little nook where you can sit and watch the world go by while you sip hot chocolate from a bowl.
The two business partners, Tim and Sam, who man the store themselves with a frugal amount of staff, are so passionate about their new place it's both fierce and heartwarming."Do you want to try a cup of coffee made in our new Clover single-cup commercial-grade coffee brewer? It's a patented Vacuum-Press system, and there are only 2,400 of them in the country!"
"Well," I say, "can it be an iced coffee?"
"Sure, we'll make you a single-brew iced latte, and from now on we'll call it The Elizabeth!" (super delicious, and highly recommended).

If you live nearby, one of the neat things about Z&H is that it's not just fancy dried and canned goods: you could pop in there at the last minute to buy dinner. There's a small supply of fresh Amish chicken (breasts and whole fryers) in the back fridge, and they soon hope to have fish from a local (sustainable) fish farm. There's a limited but fresh selection of produce, lots of dried pastas, and perfect, chewy baguettes from La Briola. They even have a handful of pre-roasted Amish chickens available for purchase. If you can't make ten easy gourmet dinners from what you find in this store, I'll eat my hat.
My mom, my daughter, and I, always hungry for imported Italian foods, traded canned-tomato expertise with Tim, purchased many items including raw honey and chocolate hazelnut gelato (I know, staples, right?), and ordered a sandwich, soup, and two panini from the deli. The soup was amazing: coconut lime chicken curry, made from one of the Amish chickens that they had roasted on site. The panini ($7.50) and sandwich ($7) were good (the sliced prosciutto was like butter) but the dainty side of potato salad needed a little lift (balsamic or rice vinegar would do no harm, plus some ground pepper). We bumped into a dear friend of ours, chatted for ten minutes, as you do in a real old-fashioned neighborhood, and went home with our loot...
The owners admit they need a little time to work out the kinks. For example, it's not that easy to stock just a few heads of fresh unwilted lettuce, but they're getting the hang of that sort of inventory problem as every day goes by.
Go to Z&H Market Cafe as soon as you can. And don't forget to ask for a fresh-brewed Elizabeth!
Zaleski and Horvath Market Cafe
1126 East 47th StreetChicago IL 60615
ph: 773.538.7372
fax: 773.538.8151
daily 7 AM - 7 PM
(Two other local blog reviews of Z&H are here: http://reallyboring.net/ and http://sulali.blogspot.com/)
Monday, September 22, 2008
Mural Progress
posted by Elizabeth Fama
Labels:
4th ward,
Elizabeth Fama,
Public Art,
real goddam progress
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