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Many structures of the industrial complex were demolished in favor of parking spaces as well as a 500,000 square foot parking garage. [ 3 ] One of the first anchor stores to open in the first phase of Village Crossing was a 65,000 square foot Jewel-Osco building and a 112,000 square foot Montgomery Ward store (which closed in 1999).
The shopping mall occupies the lower floors of an unusual building. The Art Deco McGraw-Hill Building, built in 1928 and a designated City of Chicago historic landmark, was demolished but its facade dismantled, cleaned, stored, and re-hung on the exterior of a new building on the same site.
SpotHero was founded by Mark Lawrence and Jeremy Smith in Chicago in 2011, with co-founder Larry Kiss joining the company soon after. [3] [4] The company started out as a peer-to-peer parking marketplace, where people could rent out their own private parking spots, before expanding the platform to partner with parking companies and garages.
City sawed off the parking meters and left us the shafts. City sawed off the parking meters and left us the shafts. Skip to main content. Subscriptions; Animals. Business. Entertainment. Fitness ...
Montgomery Ward closed in 1988. In 1991, Nordstrom announced plans to open its second Chicago area location at Old Orchard. In addition to a 200,000-square-foot (19,000 m 2) Nordstrom, Old Orchard also expanded the mall by 100,000 square feet (9,300 m 2) as part of a $200 million expansion. [5] This allowed for an additional 62 stores to open.
Brokers affiliated with Morgan Stanley then formed an LLC called "Chicago Parking Meters LLC" to facilitate a potential deal with the city over the sale of the meters. [4] By December 3, 2008, a deal was made to sell all 36,000 [5] [6] of the parking meter spots in the city for 75 years for $1.15 billion.
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The three-story concrete garage was built in 1925 to a design by Little & Russell. It is a rare surviving parking facility from such an early date, and is further notable as the site of the Great Brink's Robbery on January 17, 1950. [2] The building was listed on the National Register of Historic Places in 1997. [1]
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