The discussion comes while the city is beginning to rewrite its 44-year-old zoning ordinance, which includes archaic oddities going back at least another half-decade.
Mesa Development, LLC principal Richard A. Hanson, whose most recent development is the 356-unit, 57-story Heritage at Millennium Park condominium tower, believes the market is the ultimate master planner.
"As far as I'm concerned, there are only three words that matter: location, location, location. And location works because the market accepts the location," says Hanson, whose Millennium Park site at Wabash Avenue and Randolph Street wasn't always considered a prime residential spot. "I don't think locations get created by accident. But I'm not sure they're created by a master plan."
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