$1 million donation for renovation of Chicago landmarks
Many of Chicago’s forgotten landmark buildings will receive a makeover thanks to a $1 million donation. The donation came from American Express.
The company is providing funds for renovation projects through its program, Partners in Preservation. The group is running the program in five different cities around the country. American Express has earmarked a total of $5 million for the nationwide program.
Several buildings around the city submitted proposals to the Partners in Preservation committee. The committee is made up of Chicago residents such as Antoinette Wright, CEO of the DuSable Museum of African-American History, and David Bahlman, who heads the Landmarks Council of Illinois.
A total of 25 buildings submitted plans to the committee. Fifteen plans received grants, and the remaining 10 will receive $5,000 each.
The largest grant will go to the Pui Tak Center, located at 2216 South Wentworth Avenue. The center will receive $110,000 for the renovation of masonry and the roof.
The project aims to help historic buildings around the city that are facing budget shortfalls for badly needed renovations. Several Chicago landmarks around downtown have already undergone major renovation after benefiting from an unusually strong Chicago Real Estate market.
Technorati Tags: Partners in Preservation, Chicago Real Estate, Chicago Landmark Renovation
September 9th, 2010 at 3:43 am
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