The game of Hot Potato continues as the parcel of land known as Block 37
changes hands again.
On Tuesday, Mills Corp. agreed to sell the retail and transit rights on the site bordered by State, Washington and Randolph to Joseph Freed and Associates of Palatine. Freed also is developing the space currently occupied by Carson’s for future use.
The Tribune quotes Freed senior vice president Steven Jacobsen as saying "We're very bullish on this location based on its 24-hour-a-day population base." Chicagoist was unable to find any data on the retail buying habits of homeless people and overnight construction workers, but several businesses have already expressed interest in the site.
The complex, which should be completed in fall of 2008, is set to hold retail stores, condo residences, a CTA superstation with express service to the airports, and parking for 400 cars. Mills sold the residential rights to Chicago-based Golub and Co.
The area known as Block 37 has been empty – aside from some ice skaters and the occasional craft show – since 1989.
Image via Looper-312

Friday Afternoon Diversion


They should have turned it into a garbage dump.
don't forget lance armstrong was there a while ago. (i only know cuz my male coworkers seemingly want to gob his knob.) what are the odds the washington red line station will open up on schedule now? wait.. what were they before?
They should have turned it into a garbage dump.
They are: "CTA Super Station"
Won't everyone just stop worrying? Come on, they'll open up a Starbucks there, and in no time it'll be perfect! Just wait.
Let's not get too spurious about the after hours population of the Loop. Plenty of people live in and around the Loop--we just have to go elsewhere at night and on weekends because nothing's open.
I say bring back the old days of drugs, prostitutes, and strip clubs in the Loop! A few scattered adult book stores are just sad reminders of the good ol' days, right?
The Loop obviously has residents has a nightlife. I've taken advantage of both myself (ahem). But it's hardly anymore of a 24 hours a day population base than anywhere else in the city. It's not like all those folks are out and about and whooping it up at 3 a.m.
True enough. I'm usually staggering off the L and down Adams by 3am.
Yeah, express trains to the airports. In case you haven't seen, CTA is now going to rely on a private operator to roll the airport express out. That will NEVER happen.