One of Norwood's Park Ridge 2004 LLC principal investors has finally come out of the closet! John Chipman, former resident and Park Ridge alderman, is finally Living Out Loud! Mr. Chipman has proudly declared to the world his orientation as an investor in a Letter to the editor :: Park Ridge Herald-Advocate.
After three years of being a closeted investor, Mr. Chipman was outted by the city's disclosure of onwership.pdf requirement. We wonder why it took so long! We're sure Mr. Chipman feels relieved to be able to finally speak openly about who and what he is.
Mr. John Chipman is now a man on a mission! Not only is he telling everyone who will listen about his pride in being an openly invested principal in Norwood's EOP project, he is also encouraging the community to embrace what he and his fellow investors are offering - a condominium project that exceeds the zoning code for density and height, and offers almost nothing in the way of real amenities to the rest of the community.
Of course, we all understand that while the community is being asked to embrace this project, Mr. Chipman and his fellow similarily oriented investors will be hoping to embrace bigger profits.
