posted by chicago pop

Read it. And in the meantime, go meet the author:
Hyde Park Progress is a blog devoted to promoting reasonable economic improvement in Chicago's Hyde Park neighborhood. It is a forum for members of the community who want to end the artificial isolation of Hyde Park from the larger economy of the City. It calls for the improvement of neighborhood retail and commercial amenities, safety, and liveliness.
University of Pennsylvania's 2.8 million square foot, $800 million Cira Center redevelopment project broke ground in late 2007Universities, increasingly, are extending their reach to off-campus development in an effort to give their surrounding areas and town centers a vibrant and modern feel. In the process, they are becoming major drivers of economic development after concluding that their fortunes are directly tied to those of their cities.
[I]nstitutions are recognizing that, along with lucrative financial packages and strong academic reputations, they need to have attractive and exciting college towns to lure top faculty and students.
Developers are eager to join ventures with colleges, which they see as providing a steady stream of business. "Universities are fairly reliable partners," says Sal D. Rinella, president-elect of the Society for College and University Planning, who argues that universities are recession-resistant: "As the overall economy gets worse, higher education enrollments tend to go up."
"People still see the University as harboring dreams of taking over our property." Latimore said. "Of waiting until Woodlawn is in such disrepair that all they have to do is swoop down and take it over."
It didn't help that a few years ago, the University hired a planning consultant that recommended the University expand south of 61st Street, which it has long said it wouldn't do. University officials quickly nixed the idea. But not before it reignited the suspicions and the mistrust among some Woodlawn residents.

At the meeting, the Alderman told us her zoning change would benefit the whole neighborhood, not just a few isolated neighbors. She instructed us to learn to accept change.
...there are only two buildings on the street taller than four stories is the Versailles at Dorchester Avenue and the Hyde Park Bank building ... They are both more than seventy five years old and zoning law, for good reason, has not allowed tall buildings on 53rd Street since 1957.
X3 King Drive Express (growth of 1303.7% from 2006-2007)
X4 Cottage Grove Express (627.7%)
X55 Garfield Express (141.2%)
X28 Stony Island Express (104.3%)

Word-on-the-street has it that a few developers are assessing the viability of high-rise developments on the Lakefront from Bronzeville going south, a market that hasn't been active since before World War II. We're not holding our breath for this one, and recognize that most such deals fail to get farther than a nice computer rendering.

I don't know about you, but it's easy for me to get up to 47th Street and every time I do, I wish there was more there. It's certainly got history going for it, as anyone who knows about Chicago's musical heritage can tell you. And "it's got good bones," as a stroll up or down the nearby mansion districts of Drexel Boulevard, Cottage Grove, or King Drives will convince. Broad boulevards that lead directly to the South Loop, solid public transportation infrastructure, and a spectacular architectural heritage are all tremendous assets for this area.