No Stadium, No Live Nation: Alderman Hopkins Tosses Wrench Into Sterling Bay's Lincoln Yards Plan

Lincoln Yards
Photo credit: Courtesy of Sterling Bay
A Portion Of Sterling Bay's Lincoln Yards Proposal

Second Ward Alderman Brian Hopkins threw Sterling Bay some curveballs yesterday over its $5B Lincoln Yards proposal. In an email to constituents, he announced he would not support its plan for a 20,000-seat soccer stadium on the North Side site once occupied by Finkl Steel.

That is welcoming news for local residents, many of whom feared professional soccer games would clog their streets with cars and drunken fans. Hopkins has instead asked the developer to use that land for open and recreational space.

But that wasn’t Hopkins’ only veto. He also informed Sterling Bay it could not create an entertainment district run by Live Nation, a Beverly Hills-based events promoter supported by Mayor Rahm Emanuel. Owners of local music clubs, such as the Hideout, worried the proposed development could drive them out of the neighborhood.

“The Entertainment District will be eliminated from a revised plan and replaced by restaurants, theaters, and smaller venues that will be scattered throughout the site. LiveNation will have no ownership interest in any of these venues,” according to Hopkins’ statement.

The alderman’s strong stand comes after several community meetings on the project, which attracted huge crowds, including many residents angry about the drastic change Lincoln Yards would bring to their quiet residential streets.

The developer has proposed, in addition to the stadium and entertainment district, a series of towers that could reach up to 650 feet, heights only seen downtown and along the lakefront.

The tradition of "aldermanic privilege" means City Council members generally have the power to veto any project within their wards, and Sterling Bay has indicated it would revise the plan accordingly.

A company spokesperson said it would release a statement later this afternoon outlining the next steps.

Hopkins said Emanuel, in response to the worries over future traffic congestion, has directed city planners to speed up the reconfiguration of the Armitage/Ashland/Elston intersection, a key component of the Lincoln Yards plan.

“While these recent changes to the 70 acres that comprise Lincoln Yards are intended to reflect community concerns, the process is ongoing and will continue to be refined over many years, if not decades,” Hopkins said.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

King Of Prussia Pursues Stadium To Anchor $200M Mixed-Use Complex

While Chicago Development Stalls, Fulton Market Keeps Building

AI Has Saved Time But Muddied Traffic Data For CRE Marketing Execs

1200 White St., Atlanta's Newest Creative Hub, Is Transforming The West End

Amazon Close To Deal For Goose Island Warehouse: The Chicago Deal Sheet

'A Welcoming Destination': Arlington Heights, Illinois, Is Making Big Investments In Its Future

Chicago Ranks No. 3 For AI Job Growth As Office Market Stands To Benefit

Plans For Colorado's Newest Private Golf Course Revealed: The Denver Deal Sheet

Risk-Averse Market Means This Retrofit Success Could Be A One-Off

108-Acre Hawthorne Race Course Set To Trade In Bankruptcy Sale

Mapletree Breaks Ground On 419K SF Industrial Facility: The Chicago Deal Sheet