tag:blogger.com,1999:blog-1957537260422450632.post2564768556062989033..comments2024-03-18T12:16:39.859-05:00Comments on Uptown Update: Target/Wilson Yard Story In The NewsUnknownnoreply@blogger.comBlogger39125tag:blogger.com,1999:blog-1957537260422450632.post-73665901911000412552008-11-14T07:30:00.000-06:002008-11-14T07:30:00.000-06:00Some interesting property transfers at 4458 N Broa...Some interesting property transfers at 4458 N Broadway...<BR/><BR/><A HREF="http://chicago.everyblock.com/property-transfers/by-date/2008/10/20/1495865/" REL="nofollow">http://chicago.everyblock.com/property-transfers/by-date/2008/10/20/1495865/</A>Kieran Hhttps://www.blogger.com/profile/15874405389715085530noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-91425180338604715232008-11-05T09:34:00.000-06:002008-11-05T09:34:00.000-06:00One of Target's biggest investors is pushing a pla...One of Target's biggest investors is pushing a plan to spin off its land, saving Target huge sums in taxes and boosting its stock price. <BR/><BR/><A HREF="http://articles.moneycentral.msn.com/Investing/CompanyFocus/targets-next-big-sale-real-estate.aspx" REL="nofollow">Target May Spin-off Real Estate</A>Sassyhttps://www.blogger.com/profile/07023321034518238290noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-80595695381756405062008-11-01T10:18:00.000-05:002008-11-01T10:18:00.000-05:00Uptownunity is correct - I think the key here is t...Uptownunity is correct - I think the key here is that Holsten SOLD the property to Target. Exactly what does that mean? Holsten does not get to build the Target and loses out on the money? Target is no longer a factor in the lawsuit? Target loses influence over what goes into the rest of the development?magnolia educatorhttps://www.blogger.com/profile/12112685125250135097noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-66727583736276730452008-10-31T16:41:00.000-05:002008-10-31T16:41:00.000-05:00"Well ultimately Fix Wilson Yard will not be able ..."Well ultimately Fix Wilson Yard will not be able to afford the lawsuit because you can bet the City Hall will spend whatever it takes to fight it all the way.<BR/><BR/>In lawsuits of this nature timing is of essence unless they get an injunction to stop work on the site until the lawsuit is litigated and ruling you can bet the project will go ahead and just add millions to the cost, taking up tax payers money to defend it." <BR/><BR/><BR/>You're probably right, but if everyone who voted against Shiller in the last election donated $100(not a huge sacrifice IMO), that would be at least $500,000. Then if everybody did that each year of the lawsuit we should be able to fight this until the end.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-68605356037390747472008-10-31T14:21:00.000-05:002008-10-31T14:21:00.000-05:00I find it interesting that at the same time the la...<I>I find it interesting that at the same time the lawsuit is picking up steam they scrambled to get the City Council do agree to changes in the TIF agreement but refused to talk to the community about the changes.</I><BR/><BR/>One might think THIS is a story that the Sun-Times or Tribune could break if they wanted to.<BR/><BR/>They choose silence.<BR/><BR/>We have to report these stories and if we want them in the Sun-Times or Tribune we have to file them as "Special reports".The Soul of Murray Humphrieshttps://www.blogger.com/profile/10775534748510613771noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-36380854696709905512008-10-31T13:40:00.000-05:002008-10-31T13:40:00.000-05:00The way I understand it all, Target purchased prop...The way I understand it all, Target purchased property from Holstein so any lawsuit may progress without affecting Target's progress. This is good.<BR/><BR/>Also, should an entire residential foundation be poured prior to the injunction, design changes can still happen without having to rip out what's already been done. Ideally, the project may be restructured to mixed income including first floor retail.My Cat is My Avatarhttps://www.blogger.com/profile/14070230247330466753noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-29041906058423968922008-10-31T12:58:00.000-05:002008-10-31T12:58:00.000-05:00To clarify, the lawsuit could blow the lid off of ...To clarify, the lawsuit could blow the lid off of everything and stop the housing altogether (misappropriation of TIF funds), which would be fine too. I'd rather see all retail and no housing, but would settle for mixed income if housing must be there.miss kittyhttps://www.blogger.com/profile/05838853679955521645noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-89106211431987698152008-10-31T12:45:00.000-05:002008-10-31T12:45:00.000-05:00I could be wrong, but I don't think the lawsuit is...I could be wrong, but I don't think the lawsuit is aimed at eliminating the housing, but rather making the city adhere to the standards they would use for housing anywhere else - which is mixed income housing. Someone, of course, would need to explain to Helen that this means a mix of market rate and affordable housing - not a mix of exclusively low incomes.<BR/><BR/>So, if they started the construction of the housing - and let's face it - they aren't going to get much done in the next couple of months - they wouldn't need to tear anything down if the income levels were changed to represent true mixed income housing.<BR/><BR/>FWY - correct me if I am wrong.<BR/><BR/>Now, the height of the residential buildings is the thing I hate, but I guess we gotta pick our battles...miss kittyhttps://www.blogger.com/profile/05838853679955521645noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-11986495534680337412008-10-31T12:41:00.000-05:002008-10-31T12:41:00.000-05:00j2c, who really knows, but this is a community tha...j2c, who really knows, but this is a community that has grown wise from all the deception it has faced.<BR/><BR/>Any of you still remember when Heartland Alliance was required to drug test their residents at 1207 Leland? It ended up that drug testing was needed because they had to prove you were a drug addict first before you could move in. Helen went along with the deception and laughed at us afterwards. Well Helen, we're going to laugh last.holy moleyhttps://www.blogger.com/profile/18006600794546900502noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-30888218320346243352008-10-31T12:11:00.001-05:002008-10-31T12:11:00.001-05:00What are the alternatives to a Target, Target Grea...What are the alternatives to a Target, Target Greatland, or Super Target store that you are concerned about?J2Chttps://www.blogger.com/profile/00944789862986041634noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-26434955010453689912008-10-31T12:11:00.000-05:002008-10-31T12:11:00.000-05:00Well ultimately Fix Wilson Yard will not be able t...Well ultimately Fix Wilson Yard will not be able to afford the lawsuit because you can bet the City Hall will spend whatever it takes to fight it all the way.<BR/><BR/>In lawsuits of this nature timing is of essence unless they get an injunction to stop work on the site until the lawsuit is litigated and ruling you can bet the project will go ahead and just add millions to the cost, taking up tax payers money to defend it. <BR/><BR/>In the end once it's built, they aren't going to make them tear it down. <BR/><BR/>Just my opinion of course.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-11785326158458718722008-10-31T11:41:00.000-05:002008-10-31T11:41:00.000-05:00Fix Wilson Yard has communicated the lawsuit was g...Fix Wilson Yard has communicated the lawsuit was going to be filed very soon. They stated they had communicated to the City of Chicago their intentions and anything that is built at this point is at risk for what might develop out of the suit. The people who are the most concerned about the lawsuit are the developer and alderman. I find it interesting that at the same time the lawsuit is picking up steam they scrambled to get the City Council do agree to changes in the TIF agreement but refused to talk to the community about the changes. It appears these changes gave them what they needed to finally get Target to agree. Not 3 years ago like good old Helen has said. I think without the lawsuit to light a fire under them this could have been delayed for who knows how long and may have cost them when the larger media finally picked up on the issue. I just hope that with all the deception and lack of transparency it gives the attorneys bringing the lawsuit to court more information to use for the cause. As another writer mentioned I also fear that a Target Store is not what will come but something else owned by Target Corp. that is less "Yuppie" as good old Denise Davis likes to say.Uptown Vegetarianhttps://www.blogger.com/profile/16070889236511581451noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-73049037438331876072008-10-31T11:15:00.000-05:002008-10-31T11:15:00.000-05:00Now that there's steel on the construction site fo...<I>Now that there's steel on the construction site for foundation work, can the progress really be halted with a law suit from.....neighbors?????</I><BR/><BR/>If it's a valid case, it doesn't matter who files it or what phase the construction is in. My parents were part of a lawsuit, with their neighbors, against a new development on their block that was built too close to the Gulf of Mexico. The judge found the builder violated the law, and the whole building was torn down and rebuilt, although it was already finished. It was easily a multi-million dollar mistake.Caring Neighborhttps://www.blogger.com/profile/13462466012844084710noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-47737361966502222332008-10-31T10:57:00.000-05:002008-10-31T10:57:00.000-05:00If the deliverable cost for each unit is so high, ...If the deliverable cost for each unit is so high, how could anyone think to rent to people who would have no interest in maintaining the units value???<BR/>This whole thing is a sham!larrynowhttps://www.blogger.com/profile/10043170039944422324noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-12360169470262701382008-10-31T10:53:00.000-05:002008-10-31T10:53:00.000-05:00Of course, construction can be halted by a lawsuit...Of course, construction can be halted by a lawsuit, regardless of the "progress" on this ridiculous project. FixWilsonYard: where is the lawsuit? Hurry up, please. <BR/><BR/>This project is an inappropriate use of TIF funds and is bad for our neighborhood. I'm glad about the Target, but still unhappy about the plans for the housing. BTW, where did the Sun Times and CBS 2 get the line, "this housing will be rented for below market rates, but is not public housing as some have claimed"? <BR/><BR/>This development will actually be WORSE than public housing, because of the lack of public oversight and Holstein's stated plans to house displaced persons from Cabrini and other defunked CHA projects WITHOUT restrictions. <BR/><BR/>Come on people, new retail is great, but we cannot let this thing happen as currently planned.New Street Studiohttps://www.blogger.com/profile/10683240119082685933noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-7084088139950212512008-10-31T10:44:00.000-05:002008-10-31T10:44:00.000-05:00In my opinion the Fix Wilson Yard people missed th...In my opinion the Fix Wilson Yard people missed the window of opportunity in filing the lawsuit.<BR/><BR/>No Cook County judge is going to do anything once the project has started.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-16318156687090385802008-10-31T09:25:00.000-05:002008-10-31T09:25:00.000-05:00Now that there's steel on the construction site fo...Now that there's steel on the construction site for foundation work, can the progress really be halted with a law suit from.....neighbors?????larrynowhttps://www.blogger.com/profile/10043170039944422324noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-90169850978008789842008-10-31T08:44:00.000-05:002008-10-31T08:44:00.000-05:00I'm not going to that Target. No way, I'll go to ...I'm not going to that Target. No way, I'll go to one where I don't get harrassed on the way in.<BR/><BR/>Plus, I'll be willing to bet a substantial amount of money, per the wording of the WY agreement that we don't get a Target, we get "an affiliate of" the Target corp. Just wait.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-65892905967063363842008-10-31T07:04:00.000-05:002008-10-31T07:04:00.000-05:00The best Target on the northside is the one up on ...The best Target on the northside is the one up on Peterson. We call the one on Elston "Targhetto". Although, I suppose, that title will soon be taken.mmmmm...beaconhttps://www.blogger.com/profile/15327868702150660208noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-36951875578278645582008-10-30T18:37:00.000-05:002008-10-30T18:37:00.000-05:00Heaven forebid any other 'big box' or restaurant c...Heaven forebid any other 'big box' or restaurant chain were to consider locating in Uptown. I can only imagine the uproar.SHammerhttps://www.blogger.com/profile/00066528585683035704noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-43820814047511551412008-10-30T17:58:00.000-05:002008-10-30T17:58:00.000-05:00A "rehabbed" CTA station = new paint. I don't thin...A "rehabbed" CTA station = new paint. I don't think that many Lincoln Park folks will go to this Target. The one on Elston is nicer, plus there's Panera Bread, Home Depot, and you can visit your friends in Wicker Park when you're done.allenpghttps://www.blogger.com/profile/07675521841697092685noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-29744950715621594242008-10-30T16:41:00.000-05:002008-10-30T16:41:00.000-05:00I personally can't wait for all the Trixies the ne...I personally can't wait for all the Trixies the new store will attract. Probably won't be cool with the LP crowd in 2010 or whenever this G'foresaken project is finished.SHammerhttps://www.blogger.com/profile/00066528585683035704noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-59636038743949652452008-10-30T15:25:00.001-05:002008-10-30T15:25:00.001-05:00...but even more seriously, this project could of ......but even more seriously, this project could of used more independent oversight, transparency in the plans, communication, and budget. We had a developer who has said he had a contract in his hands, we had last minute changes, we had deadline changes, we had multiple project changes and zero communications. I just don't like the way the people in Uptown has been deceived.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-13218099505049794822008-10-30T15:25:00.000-05:002008-10-30T15:25:00.000-05:00Does anyone have a link to how many employees a Ta...Does anyone have a link to how many employees a Target regularly employees? <BR/><BR/>My guess is something like a staff of 100, but after that its a question of how many locals will apply for those jobs, and will they transition staff in from other locations, such as managers?Freddiehttps://www.blogger.com/profile/04669055585383574500noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-87118166923988633712008-10-30T14:49:00.000-05:002008-10-30T14:49:00.000-05:00...but seriously, this is good news. People can a......but seriously, this is good news. People can actually make Uptown a destination for purchases, and not just the illegal ones. I wish Target sold pot though, really.Anonymousnoreply@blogger.com