Chicago's Window of Opportunity

Chicago is fun to watch when it thinks big, and it is thinking big now. The financial decline of Montgomery Ward and Company, the catalog retail giant established in the late 19th century, has blossomed into an opportunity to bolster the city’s bid to reassert itself as one of the country’s most important centers of technology and commerce—and in the process, to create a brand-new residential community. To realize this opportunity, public and private interests have engaged in an unprecedented level of planning and negotiation. ULI membership is required to access the full text of this article.