The (white) elephant in the room

October 2014
Crain's Chicago Business;10/13/2014, Vol. 37 Issue 40, p0004
The author discusses aspects of the redevelpment plans of Block 37 in downtown Chicago and the issues faced by developers due to the Old Post Office Building. He is critical of Bill Davies' unrealistic visions of redevolope the old post office building and the exit of devoloper Sterling Bay Companies from the project. Also investigated are topics like efforts of former Mayor Richard M.Daley, agreement with devoloper AMC Entertainment Holdings, and proposal to buy the site by Sterling Bay.


Related Articles

  • Daley's broken covenant with Chicago business.  // Crain's Chicago Business;03/30/98, Vol. 21 Issue 13, p14 

    Opinion. Focuses on the development of commerical and residential buildings in Chicago in relation to a mandate proposed by Richard Daley, the Mayor of the city. Insight on the requirements of the mandate; Amount which the former Chicago Dock & Canal Trust land was purchased for.

  • Builders see red over green roofs. Gallun, Alby; Hinz, Greg // Crain's Chicago Business;2/3/2003, Vol. 26 Issue 5, p3 

    Reports on the dissatisfaction of builders and real estate developers with the plans of Chicago Mayor Richard M. Daley's administration to plant rooftop gardens on top of buildings in Chicago, Illinois as of February 2003. Reasons for dissatisfaction of builders and developers with Daley's...

  • Motives aside, Daley on right track with TIF.  // Crain's Chicago Business;4/13/2009, Vol. 32 Issue 15, p12 

    The article discusses the proposal of mayor Richard M. Daley related to creation of tax-increment financing (TIF) districts for the neighborhood in Chicago, Illinois. It states that TIF districts, as originally envisioned, are a worthy tool for revitalizing blighted neighborhoods, specially as...

  • Blocked 37. Hinz, Greg // Crain's Chicago Business;5/9/2005, Vol. 28 Issue 19, p2 

    This article reports that the Virginia-based developer Mills Corp. has laid out a bold vision for Block 37, vowing to turn the long-vacant parcel across from Marshall Field's into Union Station, Times Square and Disneyland all tied together. It signed WBBM-TV/Channel 2 to a lease including a...

  • Chicago must take action to reclaim its edge in convention biz. Spirou, Costas // Crain's Chicago Business;6/26/2006, Vol. 29 Issue 26, p16 

    This article reports that Chicago, Illinois has lost its decades-long reputation as the top convention city in the U.S. In 2005, it stumbled to third place behind Las Vegas and Orlando, Florida. Securing conventions, especially the 200 largest trade shows, has economic ramifications for...

  • Show time for Block 37. Gallun, Alby // Crain's Chicago Business;6/2/2003, Vol. 26 Issue 22, p1 

    Marking a shift in its thinking on Loop Block 37 in Chicago, Illinois area, state's Mayor Richard M. Daley is considering opening movie theaters for the massive mixed-use development proposed for the vacant Loop block. Arlington, Virginia-based Mills Corp., developer of the site, is negotiating...

  • CTA's money pit. Hinz, Greg // Crain's Chicago Business;8/1/2005, Vol. 28 Issue 31, p2 

    The article reports that the Chicago Transit Authority (CTA) in recent months has locked itself into spending $170 million on a project whose final total will be so high and its potential use so low that it might never be completed. And unlike Millennium Park, where corporate philanthropists...

  • A perfect landing for O'Hare military land.  // Crain's Chicago Business;7/22/96, Vol. 19 Issue 30, p10 

    Opinion. Focuses on the plans of Chicago Mayor Richard Daley to develop a parcel of land near the O'Hare International Airport. Burgeoning northwest suburbs near the airport; Purchase of land from the US military; Economic forecasts for the development.

  • Finding room to build new landmark decision.  // Crain's Chicago Business;02/19/2001, Vol. 24 Issue 8, p10 

    Reports the plan to build a historic park at Michigan Avenue, Chicago, Illinois. Relationship of Mayor Richard M. Daley to the developers; Contention of opponents on the blanket landmark status; Discussion on the rights of land owners.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics