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Article: Pullman a sleeper; Spending alone won't manufacture tourism.(historic preservation and tourism development dogged by weak economy)(Brief Article)(Statistical Data Included)
- Article from:
- Crain's Chicago Business
- Article date:
- July 8, 2002
- Author:
CopyrightCOPYRIGHT 2002 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Pullman's place in history is certain, but its future is fuzzy.
Though the state has invested more than $5 million since 1991 in preserving historic buildings in various states of disrepair-and recently pumped another $13 million into preservation efforts in the Far South Side neighborhood-there is little to show for it so far.
About 2,000 residents still live in the row houses built by railcar magnate George Pullman, but the famed Hotel Florence is closed as it undergoes a $1.8-million renovation. Market Hall, a century-old central meeting and shopping pavilion, has been burned out since the 1970s, and the factory buildings at South Cottage Grove Avenue ...