Vue53 part of positive Hyde Park trends

To the Editor:

I fully support the proposed redevelopment of the “McMobil” site (Vue53). I have lived in Hyde Park for a decade with my wife and three kids. We could live anywhere in Chicago but we decided to raise our family here in Hyde Park. With confidence, I can say that there is no other place in America like Hyde Park. We love it because of the diversity, access to the lake, proximity to the downtown, strong housing stock and the association with one of the most prestigious universities in the country. However, Hyde Park has one glaring weakness in the form of limited retail and restaurant options. While we have the basic services, we can do better!
Clear progress has been made with the current redevelopment of Harper Court, but we can’t stop there. The proposed Mobil site redevelopment will further enhance the west portion of the 53rd Streetcommercial corridor. This new state-of-the-art apartment building will house over 300 new residents, which will bring more patrons and spending to support the existing businesses and entice other retailers to set-up shop in Hyde Park. The size and density of the new building is precisely what we need to create demand for more retail offerings. The building will include parking and retail space on the ground level, filling in the current open gap in the streetscape. Furthermore, the proposed development will not utilize any public subsidy but, in fact, will help to replenish the tax increment that has been depleted by the Harper Court development.

Lastly, I want to keep my family’s spending in Hyde Park to support the neighborhood that we love. We look forward to the day when we can stroll down 53rd Street and discover all of the new shopping options from Harper Court to Kimbark Plaza. To make this vision a reality we need to support Vue53 and make it happen.

Alderman Burns, I thank you for your support of this project!

Charles Young