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JMB Realty was a real estate investment company based in Chicago.In 1993, after suffering during the early 1990s recession, the company spun off its retail properties as Urban Shopping Centers, Inc., which was acquired by Rodamco in 2000 and broken up.
The Chicago Land Clearance Commission was created to acquire real estate and begin land clearance for blighted areas in Hyde Park. One of these areas was Project Hyde Park A, a 42.7-acre (17.3 ha) area of Hyde Park between 57th Street, Kimbark Avenue, 54th Place, and the Illinois Central Railroad right-of-way. A redevelopment plan for this area ...
Park Tower is a lakefront high-rise residential building in the Edgewater community area in Chicago. It is one of the largest all-residential buildings in Chicago and the second-tallest building in Illinois outside of downtown Chicago.
Engraving of the Hyde Park Water Works, 1882. In 1853, Paul Cornell, a real estate speculator and cousin of Cornell University founder Ezra Cornell, purchased 300 acres (1.2 km 2) of land [9] between 51st and 55th streets along the shore of Lake Michigan, [10] with the idea of attracting other Chicago businessmen and their families to the area. [9]
Austin is one of 77 community areas in Chicago.Located on the city's West Side, it is the third-largest community area by population (behind the Near North Side and Lake View) and the second-largest geographically (behind South Deering).
Museum Park is a complex of multiple residential towers within the Central Station development at the southern edge of Grant Park, across Lake Shore Drive from Chicago's Museum Campus. Construction of The Grant followed the 62-story One Museum Park , directly to the east.
Meanwhile, the community located on the shores of Lake Hayden became Hayden Lake. In 1972, Highway 95 was moved slightly West to reduce traffic on the main road through Hayden. [8] The population numbered 718 people in 1950. In 1955, the owners of Sargent's Restaurant in Hayden Village wanted to procure a liquor license. [8]
The Chicago real estate bubble of the 1830s was a real estate bubble, during which time the per acre prices (in 2012 dollars) in the future Chicago Loop increased from $800 in 1830 to $327,000 in 1836, before falling to $38,000 per acre by 1841. The Bank of Illinois began foreclosing on large amounts of real estate in the aftermath of the bust ...