Get in the Loop: Core Values
Chicago, IL | November 20, 2019
In 1983, Mayor Harold Washington tasked several of the great architects and business leaders in Chicago history with establishing a framework for charting the future growth of the city. This framework, referred to as the Chicago Central Area Plan: A Plan for the Heart of the City1, involved notable figures including Miles Berger, Bruce Graham, Dirk Lohan, and Bill Sanders. They saw the Loop as the nucleus of the city’s service-oriented business and a center for international finance.
While today’s Loop neighborhood is still the nucleus of the city’s business, tourism, and cultural vitality, the Central Loop needs the great architects and business leaders to come together to re-imagine this once-great neighborhood.
At the beginning of November, MBRE’s Kevin Purcell hosted a group of Central Loop owners, investors, and their management teams. The focal point of the discussion was how to make the Central Loop a more interesting and vibrant area for everyone. Meeting participants discussed the definition and obstacles for success, activation ideas, and how to change the perception of the neighborhood from old-school to cool.
This meeting began to answer the question of who the successors of the 1983 Chicago Central Area plan will be in determining the future of the Central Loop today. Principals from Beacon Capital, CIM, Kinship Bridge Investment Group, and the John Buck Company are already involved. However, more are needed.
The challenges are known, and both short-term and long-term solutions are in the process of being discussed and developed. We invite all owner and investors in the Central Loop to contribute their voices and ideas – together, we will create a stronger vision.
Learn more about MBRE’s Kevin Purcell.
See our previous Get in the Loop posts:
- Get in the Loop: What Owners Need to Know (Now)
- Get in the Loop: Let's Get Started
- Get in the Loop: Making Central Loop a Place Where Companies Actually Want to Office
1. 1983, May 26. Chicago Central Area Plan: A Plan for the Heart of the City, from http://mbres.com/upload/ThoughtLeadership/KevinPurcell/1983-ChicagoCentralAreaPlan.pdf↩