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zoning proposal for Sterling Bay's Lincoln Park apartment complex has become a contentious issue in Chicago, testing the city's approach to affordable housing and development incentives. At stake is the 25-story height of the building and a property-tax break tied to affordable housing commitments. Alderman Scott Waguespack is leading the opposition, arguing that the developer's request for tax relief under the Affordable Illinois program is unfair, particularly in light of Mayor Brandon Johnson's proposed $68 million property tax increase.
The conflict escalated during a City Council meeting, where Alderman Walter Burnett declined to bring the project forward for a vote after its rejection in committee. Waguespack attempted to force the issue, sparking a heated exchange with Alderman Jason Ervin and a parliamentary shouting match. Sterling Bay has defended its proposal, citing 124 affordable housing units, 3,200 construction jobs, and millions of dollars in traffic infrastructure improvements.
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. Sterling Bay managing director Fred Krol expressed hope for a compromise, saying the company is interested in engaging with Waguespack in a constructive dialogue. A deadline of December 25 looms 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.
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