"Developer" Fern Hill Proposes Massive Tower in the Heart of Old Town!
"Developer" Fern Hill Proposes Massive Tower in the Heart of Old Town!
The Old Town Friends for Responsible Development is a grassroots coalition of property owners, merchants, and residents dedicated to preserving the character and charm of one of Chicago’s most historic and iconic communities.
OTFRD supports responsible development and agrees that the space that Treasure Island occupies must be developed. OTFRD exists to voice the community's concerns regarding proposed developments such as the one currently being pushed by Fern Hill. For nearly three years, there has been an alarming lack of transparency. Fern Hill keeps altering its proposals, but at no time does it provide sufficient information for the community to provide meaningful feedback.
Old Town and the immediate neighborhoods are places where families and long-time residents have built a community, and the community has real concerns over Fern Hill's proposals. It will work to ensure that any developer acknowledges and respects the neighborhood it wants to be a part of.
OTFRD wants to empower our member's and neighbors' voices by facilitating an open dialogue between the neighbors, businesses, developers, and elected officials.
Over three years, Fern Hill has offered little detail to residents and businesses in Old Town. The community must be given a comprehensive plan and substantive details about the development before the Alderman or the City considers any proposal.
We lack information on so many topics including traffic plans, long term use of the Treasure Island space, and future plans for the two gas stations owned by Fern Hill.
We are not opposed to development at this site but the scale is staggering for Old Town. Constructing a towering 500-unit building will create a level of density that is unsustainable for the neighborhood.
Turning a crisis into a catastrophe is not acceptable. Old Town is already struggling to keep up with the existing traffic; any new development must make substantial efforts to improve the situation and not exacerbate it. The development must allow on-street parking to access local businesses and parks.
The community demands the use of reasonable height restrictions and building materials to preserve the character and historic architecture of the Old Town Triangle historic area. Old Town will quickly become New Town if developers continue to push modern structures that have no place in this historic neighborhood.