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South Water Street Market,
Chicago
RETURN
A private developer (Enterprise Inc.) is retrofitting these eight terra
cotta buildings into approximately 850 new residential units. The complex,
designed by architects Fugard & Knapp in 1925, was vacated in 2003, after
serving for 78 years as the city’s primary wholesale food market.
The “University Commons” proposal is preserving the unique features of the
complex, including their raised loading platforms and broad canopies. The
complex, which is located just south of the University of Illinois-Chicago
campus, was listed on LPCI “Chicagoland
Watch List” in 2002.
Because of its listing on the National Register of Historic Places in
2004, the new residential tenants are eligible for the Property Tax
Assessment Freeze Program, which is administered through the Illinois
Historic Preservation Agency.

photo:
(left) South Water Street Market, Chicago before (right) after
redevelopment.
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