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Much of the land was created through landfills in the 1920s as part of a $9 million realignment of the South Branch Chicago River. [1] [9] The area then became a railyard for trains traveling to or from either the Grand Central station or LaSalle Street station. [10] The railyard was eventually demolished in the 1970s, forming a 62-acre vacant lot.
The original plans for the town of Chicago left the area east of Michigan Avenue unsubdivided and vacant, and purchasers of Michigan Avenue lots were promised that it would remain unoccupied. When the former Fort Dearborn Reserve became part of the townsite in 1839, the plan of the area east of Michigan Avenue south of Randolph was marked ...
In 2015, the Secretary of Housing and Urban Development criticized the Chicago Housing Authority for accumulating a cash reserve of $440 million at a time when more than a quarter million people were on the agency's waiting list for affordable housing, [30] and a large number of units (16%) remained vacant.
This trend has been attributed to the abundance of vacant lots throughout the neighborhood, which encourage development without driving out residents. [24] Furthermore, commentators have noted that Bronzeville is unique among Chicago neighborhoods in that the majority of gentrification has been driven by the black middle class. [25]
It consisted of mostly vacant land between 91st and 95th Streets and between State Street and the Chicago & Eastern Illinois Railroad tracks (then, the Chicago and Western Indiana Railroad). The 1940s saw a peak in the Second Migration of Black workers from the South seeking jobs and a better life in the industrialized North.
“There’s a certain group of people that love doing the rehabs, but there’s also people who want to move into something brand new,” the mayor said.
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