clock menu more-arrow no yes

Filed under:

Developer Ditches Apartment Plan, Tries Condos for West Loop

New, 23 comments

If at first you don't succeed, try, try and try yet again. That's the approach developer LG Development is taking with their plan for a residential project for 111 S. Peoria Street in the West Loop neighborhood. Last November, the developer introduced a plan to build a wild-looking 13-story, 205-unit rental building for the site and after several well attended meetings and verbal mud slinging between Alderman Walter Burnett and West Loop residents, the plan was finally nixed last month. However, the West Loop Community Organization blasted a newsletter yesterday afternoon indicating that there will be yet another regarding this site. That's right. Just weeks after having the door slammed in their faces, LG has come back with a proposal for a nine story, 95-unit condo building with 99 parking spaces on site.

According to DNAinfo, the primary gripe residents had with the original plan was its height and density. However, now that a few floors have been shaved off and the total unit count dramatically lowered, LG thinks that area residents may be more open to the new plan—especially when considering that the units will be condos versus rental units. The West Loop Community Organization, Alderman Burnett and LG Development reps will meet at the Merit School of Music on Monday, August 10 at 7:00 p.m. to discuss the plan yet again.

A previous design for the project:

·After Apartment Tower Plan Fails, West Loop Developer Now Pitching Condos [DNAinfo]
·Developer Weighs in on Proposed West Loop Apartment Project [Curbed Chicago]
·Developer's Apartment Plan Faces Tough West Loop Resistance [Curbed Chicago]