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Clybourn Ave.'s PMD corridor leads nowhere.(A. Finkl & Sons Co., planned manufacturing district )(Column)
Crain's Chicago Business, January, 2007
Looking a gift horse in the mouth, always impolite, can be unwise as well. But that's what the city may do with the A. Finkl & Sons Co. site, a plum development opportunity on the western edge of Lincoln Park. Finkl is moving after 104 years at the location just off Clybourn Avenue, a bustling corridor of new homes, stores and restaurants.
Finkl's move will make 22 acres available for redevelopment in one of Chicago's hottest neighborhoods. Developers are calling Finkl every day to express interest in turning the old steel plant into new homes. As Eddie Baeb reported in Crain's on Dec. 18, Finkl could sell the property to a residential developer tomorrow for three to four times the price an industrial user would pay. By modern standards, the plant is small...
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