August 22, 1969 – The City Council Buildings and
Zoning Committee unanimously approves the guidelines for the development of the
Illinois Central land and air rights south of the Chicago River and east of
Michigan Avenue, asking for a change so that advertising signs will be banned
in the area. Louis, Hill, the
Commissioner of Development and Planning, says that developers will provide
streets, utilities, a fire station, a dock wall along the river, a six-acre
park, a school, and a subway and station to serve the area. The approval follows four days after the
Chicago Plan Commission approves the same plan. The area approved for the new development is shown in the photo above.
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