Developer scales back plans for city-owned site on South Side

A developer has scaled back plans for a grocery store, housing and parking on a 3.5-acre, city-owned lot on South Park Street. But city staff say the $18 million project still doesn’t meet some design standards and requires too much public financial support.

Welton Enterprises is now proposing a 30,000-square-foot grocery store (rather than 40,000 square feet) facing South Park Street with 90 parking spaces, and a separate four-story building at the rear of the lot with 52 units of mixed-income housing (instead of 69) and 70 parking spaces, half of it underground, on the vacant lot at 1402 S. Park St. Under a second plan from another developer that the city is also expected to take up, an existing grocery store next to the site would be demolished and replaced with a medical clinic...

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Ken Notes: Grocery is trending smaller so doesn`t this make sense...



- - Volume: 7 - WEEK: 10 Date: 3/7/2019 10:38:17 AM -