Downtown Exclusion Zone cannabis district Chicago Cannabis District


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A proposed 47-story mixed-use building with hotel, residential, and retail components that would replace an existing 4-story masonry building. To be developed by Sterling Bay and Magellan, designed by bKL Architecture. The 47-story structure includes a 523-foot shared residential- and hotel-tower over a retail podium.  Two basement levels below Upper Michigan Avenue would house the building utility and parking functions, including 26 parking stalls and 48 bike parking stalls. There would be 280 hotel rooms and 290 dwelling units. The DX-16 zoning district allows an FAR of 16.0, and the developers are going to purchase 9.9 more FAR points for a total of 25.9.  (300 N Michigan Ave, Chicago, IL)
Author: bKL Architecture

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Parcels & Properties within Downtown Exclusion Zone cannabis district

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Notes about our property data

Use one of the tools buttons to see more data. Many properties don't have information about property owners. This is because the properties are non-taxable (tax exempt) and thus the tax billing name & address isn't included in the source data (Cook County Assessor). Building age data is not always reliable. This feature was supported by the Metropolitan Planning Council.

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Data update schedule

Property information is updated twice a year; tax and property classification information is updated after the second tax bill goes out (mid summer), and assessment information is updated when a triad is re-assessed (varies based on location).


More info about Downtown Exclusion Zone cannabis district Chicago Cannabis District Show/hide this section

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Downtown Exclusion Zone cannabis district stats

The area of Downtown Exclusion Zone cannabis district is 1.89 square miles.

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Chicago Building Projects in Downtown Exclusion Zone cannabis district

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Year-over-year permits

Summarizing Chicago building permit activity in Downtown Exclusion Zone cannabis district Chicago cannabis district since 2006

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Images, News, Developments

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What's nearby

Places that overlap or border Downtown Exclusion Zone cannabis district

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Housing market info for Downtown Exclusion Zone cannabis district

Submarket 3 40.6% of Downtown Exclusion Zone cannabis district

Higher density urban, high income, young, high home prices and rents

The majority of submarket 3 falls within the boundaries of Chicago, as well as parts of Oak Park and Evanston and can generally be characterized as a strong urban market. High and growing incomes generally mitigate high and increasing home prices and rents, resulting in lower levels of cost burden. Submarket 3 has the lowest transportation costs of any submarket. The housing stock can be characterized as high density urban, primarily consisting of older homes. While many residents of this submarket rent, only in submarket 3 did the share of households renting decline. Lower levels of subsidized housing are found in this submarket. Submarket 3 has a very active housing market with high levels of mortgage activity, turnover, and low vacancy. There are low levels of foreclosure activity and cash sales. The households in this submarket are younger, middle and higher income, with high levels of educational attainment. Smaller households, often 1-person, with few children fit the submarket’s high-density design. Submarket 3 was the only submarket to see an increase in median household income.

Submarket 7 40.4% of Downtown Exclusion Zone cannabis district

High population growth, newest housing stock

Rapid population growth since 2000 defines this submarket. In fact, it is the fastest growing of all eight segments tracked in this study. Submarket 7 primarily consists of exurbs in McHenry, Kane, Kendall and Will Counties but also includes the downtown core of Chicago. The housing stock in the exurbs is primarily low density and has few rental units. Housing in Chicago’s downtown core is a mix of high rise owner-occupied and rental units. The shared traits of recent growth and expansion help to define this submarket, but there are big variations in data. High transportation costs in the fringe areas of the submarket contrast with the low transportation costs found in the core of Chicago. Despite strong market conditions before 2008, moderate levels of lending, foreclosure activity, and distressed sales are present in the exurbs. Overall, the submarket typically consists of middle to higher income households with children and a relatively high level of educational attainment.

Submarket 6 18.9% of Downtown Exclusion Zone cannabis district

High cost suburban housing stock, low density, high income, aging

Submarket 6 is the most affluent submarket in the region. Despite high home prices and rents, housing cost burden is low due to high incomes. This submarket shares the trait of high transportation costs with other suburban submarkets. The housing stock can be characterized as mostly single-family homes with a mix of both older and newer housing. This largely owner-occupied submarket includes low levels of subsidized housing. Low foreclosure and vacancy levels and a high mortgage activity level have generated a strong housing market. The submarket is composed of mostly highly educated households, with a high share of 2 to 4 person households, moderate levels of children, and the highest increase in people age 60 and over.

What are submarkets?

There are eight submarkets, or clusters of similar housing issues and neighborhood characteristics scattered throughout Chicagoland. Submarkets are not contiguous. The "cluster" information is from the Regional Housing Solutions and is based on data from the American Community Survey, collected in 2009-2013, and is a collaboration among CMAP, Institute for Housing Studies, Metropolitan Mayors Caucus, and Metropolitan Planning Council.


Properties

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Property Sales (PTAX)

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Affordable housing in Chicago

Affordable housing developments in Downtown Exclusion Zone cannabis district

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Business licenses

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Zoning Changes & Ordinances

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Building violations

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Public investments TIF-funded Projects

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Vacant & abandoned building reports

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Other data

Historic Resources Survey 1995 survey - orange & red-rated only

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Storage tanks

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311 Reports

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Report types shown: Basement flooding

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Filming Permits

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Opportunity Zones

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Sources

Chicago Cannabis District map source: City of Chicago

The zoning map colorway comes from Second City Zoning.

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