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zoning proposal for Sterling Bay's Lincoln Park apartment complex has become a test case for Chicago's approach to affordable housing and development incentives. At the center of the controversy is the proposed 25-story height and the developer's request for a property-tax break tied to affordable housing commitments. Alderman Scott Waguespack, who represents the ward where the project would be built, has been at odds with Sterling Bay over the issue.

    The conflict came to a head during a contentious City Council meeting, where Alderman Walter Burnett declined to bring the proposal forward for a vote after its rejection in committee. Waguespack attempted to force the issue, arguing that council procedures should not allow a chairperson to table a zoning proposal indefinitely. Sterling Bay has defended its proposal, emphasizing the benefits it claims the development would bring, including 124 affordable housing units and millions of dollars in traffic infrastructure improvements.

    However, the project's viability depends on the City Council approving a "low-affordability community" designation, which would allow the developer to receive tax relief under the Affordable Illinois program. Waguespack has criticized the program as unfair, particularly in light of Mayor Brandon Johnson's proposed $68 million property tax increase. Sterling Bay managing director Fred Krol expressed hope for a compromise, saying the company is willing to engage in constructive dialogue with Waguespack.

    The clock is ticking for a resolution, with a Dec. 25 deadline looming for a City Council vote. If no decision is made, Sterling Bay can appeal directly to the Department of Housing for approval, bypassing local opposition.