Thank you to everyone who came out to the March 13th Town Hall meeting on the proposed One Central development. Below you will find a copy of Alderman Dowell’s remarks from the meeting, the slides presented by Landmark Development and a link to the video of the meeting.
Alderman Pat Dowell – “Thank you everyone for coming tonight. I know you are all very interested in seeing Landmark Development’s proposal, so I won’t take up too much of your time.
But I have to take this opportunity to frame what you are about to see.
This is a proposal, nothing more than that. It’s in its infancy and any development over the tracks must go through many approval stages before it goes to City Council for a vote.
This is not the last time the One Central Station development will be reviewed by the public or the City.
Another important thing to remember is that Landmark already owns the air rights over the Metra tracks.
Bob Dunn and Landmark come to me with an idea for their property. I have asked them, as I do with all my developers, to come to the community and get feedback before submitting any official documents to the City for consideration.
That is what we are doing here today. Reviewing a development proposal for a project on private property.
There are of course limitations on what can be built on this property, and legal restrictions and covenants the developers must adhere to. Specifics on those regulations will be addressed by Landmark Development.
Also, please know that I have not signed off on any aspect of this proposal. Development over the tracks must receive my support before moving forward.
No back room deals have been struck. There are no handshake agreements on this project. Bob knows that I will hold him and his development accountable to the needs of my constituents first and foremost.
The size, shape, scope, and design of this project are all open for discussion. I encourage your constructive and open-minded suggestions for this currently underutilized property.
And that is what this property is. Underutilized. There is so much potential for this space. This is an initial discussion on what can be done to make this area better for both residents and the entire City of Chicago.
Remember, this is just the initial step in what will be a long, long process before anything is done over the Metra tracks.
So without further ado, I would like to turn it over to Bob Dunn of Landmark Development to begin the presentation.”