Re: (rshsdepot) Chicago's Union Station

["Paul S. Luchter" <luckyshow_@_mindspring.com>]

What are they saying here? Why do they have to mess with it?
- -----Original Message-----
From: James Dent <james.dent_@_itochu.com>
To: RSHS List <rshsdepot_@_lists.railfan.net>
Date: Monday, May 07, 2001 6:27 PM
Subject: (rshsdepot) Chicago's Union Station


>From the Chicago Tribune...
>
>Amtrak picks developer for Union station
>
>By Thomas A. Corfman
>Tribune staff reporter
>May 5, 2001
>Long-delayed plans to transform Chicago's Union Station are slowly rolling
>forward, with owner Amtrak selecting Prime Group Realty Trust to redevelop
>the historic train depot.
>
>A proposal by the Daley administration to landmark the station was put on
>hold Thursday to allow for additional review of a mixed-use redevelopment
>proposal by the Chicago-based real estate investment trust.
>
>The station, which was built in 1925, occupies the block bounded by Jackson
>Boulevard and Canal, Clinton and Adams streets.
>
>Amtrak signed a "letter agreement" with Prime Group in February and last
>month presented a redevelopment plan to the city's Department of Planning
>and Development, according to an Amtrak letter submitted to David Mosena,
>chairman of the Commission on Chicago Landmarks.
>
>The letter does not disclose the terms of the agreement with Prime Group or
>any details about the plan, except to call it a mixed-use proposal.
>
>Sources said the proposal includes retailing, condominiums and office space
>and would incorporate a plan for adding additional floors to the
eight-story
>structure.
>
>An Amtrak spokesman would not comment on the redevelopment, but confirmed
>that the railroad early next year will move its local offices from the
>station to a new building at 525 W. Van Buren St. being built by
>Chicago-based Development Resources Inc.
>
>Prime Group executives would not comment.
>
>
>
>
>

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