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January 30, 2017 –It is announced that Garrett Brands, the owner of Garrett Popcorn Shops, will buy the Frango chocolate brand from Cincinnati-based Macy’s. Andrea Schwartz, a spokeswoman for Macy’s, says, “Frango is very popular among both our local shoppers and visitors at our Chicago stores. It’s great to see such an iconic Chicago brand staying in Chicago.” [Chicago Tribune, January 31, 2017] Although the popular brand will not be sold in Garrett stores, the owner of Garrett Brands, Lance Chody, says, “Frango is a perfect fit for our company’s portfolio, aligning well with our strategy to preserve and grow iconic brands that have historic franchise value with a unique and storied past.” Although long associated with Chicago, Frango actually began in Seattle as a product of the Frederick and Nelson Company … the original name of the candy was Franco, a shortening of the original company’s name. Marshall Field and Co. acquired the brand in 1929 and for nearly 70 years the candy was made on the thirteenth floor of Field’s State Street store. When Dayton-Hudson bought Field’s in 1990, the production of the candy was transferred to a Pennsylvania company although some production was returned to Chicago in 2007 after Federated Department Stores converted the Chicago-area Field’s stores to Macy’s. Unloading Frango returns the brand to Chicago production even as the action is yet another sign that Macy’s is working hard to stay afloat, having announced the closure of 68 stores earlier in the month.
January 30, 1962 – Officials of the Continental Illinois National Bank and Trust Company announce that the institution will provide nearly $20 million in financing for the first phase of the Carl Sandburg Village urban renewal project. Because of the area involved – east of LaSalle Street and south of North Avenue, near the city’s Gold Coast – interest runs high in the potential for the $42 million project. Projections call for 1,875 units, ranging from efficiency apartments to two- and three-bedroom townhomes located on 15.63 acres between North Avenue and Division Street. Although Continental’s financing plan is subject to the rezoning of the site by the Chicago city council and a commitment from the Federal Housing administration, the chairman of Continental bank, David M. Kennedy says that “the project gives the bank another opportunity to contribute to the development of Chicago.” [Chicago Daily Tribune, January 31, 1962] It is difficult today to think about what a risky venture this was at the time. As the Chicago Tribune reported early in 2018, “Security concerns were high at the development … A block away was Wells Street, lined with raucous bars … The new construction was a $40 million-plus gamble to save the Near North Side and, in turn, to stave off the blight threatening Chicago’s business core to the south and the Lincoln Park neighborhood to the north.” [Chicago Tribune, January 29, 2018] Sandburg Village brought about the gentrification of nearby Old Town, South Lincoln Park and sections of the city west of the Gold Coast. Indirectly, the success of the development led to two other developments in the city that worked in similar ways, Presidential Towers in the southwest Loop and Dearborn Park.
January 30, 1953 – Final arguments are heard before Master in Chancery Jerome Nelson at the Kendall County circuit court in architect Mies van der Rohe’s mechanic’s lien suit against Dr. Edith B. Farnsworth. The suit was filed in July of 1951, claiming that Dr. Farnsworth owed the architect $28,173 in unpaid fees for a weekend home he designed for her on the Fox River. The doctor’s attorneys argue that Farnsworth asked for a home to cost approximately $40,000 and ended up with one that cost $73,872. They say further that the house has a leaky roof and defects in its mechanical systems and that the travertine floor has buckled. Attorney Randolph Bohrer asserts that Van der Rohe is not properly qualified as an architect and that exceeding the original cost estimate “is attributable either to gross incompetence or stupidity of the plaintiff,” a man he labels “an ordinary charlatan and an egoist of the Bauhaus school which has committed more frauds upon this country than any other organization.” [Chicago Daily Tribune, January 31, 1953]
January 30, 1947 -- Randall H. Cooper, executive secretary of the State Street council, asserts that redevelopment of Chicago's "blighted areas" is a necessity and that the Loop is "faced with more problems than ever before in its history." The continuing flight of families to the suburbs and the resulting loss of tax and business revenue have the merchants feeling blue. They would get bluer. The 1947 photo above was taken at Wells and Madison.
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