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proposed 25-story apartment complex in Chicago's Lincoln Park has become a contentious issue over affordable housing and development incentives. The project, led by Sterling Bay, would bring 124 affordable units, 3,200 construction jobs, and millions of dollars in traffic improvements. However, Alderman Scott Waguespack is opposing the plan due to concerns about property-tax breaks tied to affordable housing commitments.

    The dispute has sparked a heated debate at City Council meetings, with Waguespack arguing that council procedures should not allow a chairperson to indefinitely table a zoning proposal. Sterling Bay CEO Andy Gloor defends the project's benefits and emphasizes its commitment to affordable housing. The developer is seeking a "low-affordability community" designation for tax relief under the Affordable Illinois program.

    Alderman Walter Burnett declined to bring the project forward for a vote, citing committee rejection. Sterling Bay managing director Fred Krol expressed hope for a compromise, stating that the project would bring significant tax revenue and affordable housing units at a time when they are desperately needed. With a December 25 deadline looming for a City Council vote, Sterling Bay may appeal directly to the Department of Housing if no decision is made.