Saturday, December 23, 2017

December 23, 1907 -- LaSalle Hotel Receives Permit for Construction



December 23, 1907 – The permit for a new La Salle Hotel that will stand at the northwest corner of LaSalle and Madison Streets, is taken out.  Estimated to cost $2,800,000, the permit for the hotel is the largest issued in 1907.  The permit itself cost $2,400.50.  Constructionof the hotel is expected to begin sometime between March 1 and May 1 with an estimated 15 months required to complete the 22-story structure.  When finished, the new La Salle Hotel will be the largest hotel building in the world.  The hotel stood until 1976 when it was demolished to make room for the Two North LaSalle office building.


December 23, 1954 – Illinois Governor William Stratton gives formal approval to the engineering report that will impact over 320 miles of high speed highways in northern Illinois, new “super highways” that may end up costing as much as $458,085,000.  Upon the governor’s approval preparations begin for the sale of $390,000,000 worth of revenue bonds covering the cost of two of the new highways and part of a third.  The proposed highways include:  (1) a “Tri-State” route, extending from near the Indiana border to a point just south of the Wisconsin state line; (2) a route heading from the Edens expressway, completed in 1951, as it begins in Chicago and continues northwesterly to an area near Rockford; and (3) the first section of an east-west route beginning at the proposed Tri-State route and continuing to Aurora.  It is hoped that the road-building projects will be finished by 1957.

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