Thursday, May 26, 2016
May 26, 1952 – The Chicago Park District unveils a $2,500 model of the underground garage that it is preparing to build in Grant Park. Anticipated plans have the garage situated between Randolph and Monroe Streets and between the Illinois Central railroad tracks to a point within 40 feet of buildings on the west side of Michigan Avenue. The two-level garage, 23 feet below Michigan Avenue, will occupy 400,000 square feet and will hold 2,500 cars. Fees will be 45 cents for the first hour and 15 cents an hour after that. The first hour today will cost you twenty-one bucks. The photo above shows the 1954 opening of the garage with the Prudential building, finished a year later, under construction in the background.