Developer unveils plans for Kinzie Station – the neighborhood

Developer Fifield Companies‘ elaborates on plans for Kinzie Station, a $750 million development of six apartment towers with 2,451 units on a site bounded by Kinzie, Clinton, Halsted and Wayman streets, in a Chicago Tribune story today.

The project would include 40,000 square feet of retail space, a Jewel / Osco supermarket, a one-acre public park and five outdoor swimming pools. Let’s pause for a moment at the five outdoor pools.

Surely that’s a waste of space? Why not build one or two indoor heated pools and use the remaining land for something else?

“We’re taking one of the last available undeveloped tracts of land in the West Loop to create a new neighborhood,” Fifield chairman and chief executive Steve Fifield is quoted as saying. The developer is already working on the first two apartment buildings, which we told you about previously.

So now I guess we wait for the MetraMarket to break ground next to the Ogilivie Transportation Center (I haven’t been down there lately, does anyone know if construction has started yet?) and we’ve got ourselves quite a happening little neighborhood.

There’s nothing wrong with apartments of course, but do you think Fifield is also hoping the condo market will pick up so the developer can sell units in a few of the buildings?

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