Maryville Plan A "Half-Baked" Scheme?

Some interesting reactions to today's story in Crain's about the proposed Maryville development and the new TIF to go with it (referenced on Uptown Update's Facebook page):

• A reader wrote to UU:  "The benefits, I think, are very attractive," Ms. Shiller says. "It may even succeed, but it's not yet fully baked." Does this woman EVER think to wait until something might actually be "baked" before she starts funneling money to it? That, and: "It may even succeed" .... May? She's going to chuck $40-50M at a project that isn't baked, and who knows? It may even succeed? If you listen quietly, you may be able to hear my head explode over this one.

• Clarendon Park Neighborhood Association in an email to its members:  "While many of us have been meeting with the proposed developers for this site, we have not given our blessing, and our meetings were not in place of larger community meetings they need to hold. CPNA welcomes your questions and concerns, as this has been all we have tried to portray to the developers. Thank you."

Update:  From the Chicago Jetty real estate blog:  The hurdles “Lake View Station” has to overcome are many, including dealing with the glut of condos already on the market, the inevitable political backlash from Uptown neighbors and securing loans/leases.... We’ll have to keep a close eye on this project. The best case senario is that it draws more good people and businesses to a part of Uptown that desperately needs something to hang its hat on. But the worst case is what recently happened to comparable developments at Wilson Yard and Block 37: Political gridlock and foreclosure, respectively.

Update 2:  More about this at at Chicago Now and GlobeSt.