Developer Sterling Bay unveiled Wednesday night during a virtual community meeting its latest plan for phase one of 1300 W. Carroll Ave., a 515-foot structure that company officials say they hope to secure city approval for in the coming months.
Sterling Bay updated its original design from late 2021 after Department of Planning and Development officials and community residents said they wanted to see more green space. The fat podium initially called for would have stretched across much of the block, and was replaced by one with a smaller footprint, opening enough room for a pocket park on the building’s east side and a public plaza on the west.
Other major changes were unveiled during Wednesday’s meeting, sponsored by the West Central Association, a local community group. Sterling Bay’s original plan called for a 418-foot tower in the first phase, with a second phase building of 515 feet. The new plan flips the buildings’ heights, and the slender first phase will reach 515 feet, have a total of 361 units, and sit atop a redesigned podium meant to resemble the old silos.
Like most major housing developments recently launched in Fulton Market, Sterling Bay’s latest project will set aside 20% of these units as affordable housing, Krol added.
Why would anyone do a tall deal like this in Chicago. It's a dying city.