A plan for the riverfront property would bring thousands of housing units to the historically industrial area.
"Vancouver-based Onni Group is exploring plans to build 2,100 to 2,500 apartments on the southern tip of [Chicago’s Goose Island,] the traditionally industrial island, a riverfront development that could have more units than the massive Presidential Towers complex downtown," writes Ryan Ori.
Until 2017, residential development was not permitted on the 160-acre human-made island. A change in the city’s zoning regulations has spurred the Goose Island plans as well as other riverfront developments in the area. Purchase of the site involved a requirement that affordable housing make up 20 percent of the new residential units.
"If Onni’s ambitious Goose Island plan gains city zoning approval and comes to fruition, it would bring an influx of residents to a longtime industrial corridor headed for waves of development," says Ori.
Read the full story: Goose Island could go from zero residents to thousands: Developer plans as many as 2,500 apartments
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