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Article: Daley puts up fight for jewelers Zoning won't change for 5 N. Wabash unless businesses are protected
- Article from:
- Chicago Sun-Times
- Article date:
- May 21, 2000
- Author:
CopyrightCopyright 2000 Chicago Sun-Times. (Hide copyright information)
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Mayor Daley is threatening to block zoning changes needed to
redevelop a run-down Loop building in the heart of Chicago's Jewelers
Row unless the new owner agrees to keep generations of jewelers
together.
``We're not going to approve it,'' Daley said. ``These businesses
belong here. They were going to throw them out on the street. We told
the developer: You're not going to throw everybody out.
``It's a great building. It has historical significance. A lot of
them are small businesses-family owned businesses, generation to
generation. We have a lot of new immigrants coming in on that. . . .
We want to keep that type of business in Chicago.''
Developer Bill Smith said he bought the 5 N. Wabash ...