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Windy city icon the Federal Reserve Bank of Chicago building exudes a sense of pride and prosperity.

Publication: Journal of Property Management
Publication Date: 01-JUL-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Windy city icon the Federal Reserve Bank of Chicago building exudes a sense of pride and prosperity.(FAMOUS PROPERTIES)

Article Excerpt
With financial institutions throughout the country making headlines during today's economic crisis, the larger-than-life image of banks has begun to shift. However, in the center of Chicago's financial district, the Federal Reserve Bank of Chicago building maintains its rich history and esteemed stature while facing today's economic realities and modern building needs.

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Designed by famed Chicago architectural firm Graham, Anderson, Probst and White and built in 1922, the Federal Reserve Bank of Chicago was described from the start as an "architectural marvel."

After meeting with James B. McDougal, the first president of the bank, the architects understood what they were building and how it would highlight the mission of the Federal Reserve, said Michael D. Sutton, assistant vice president, who manages many aspects of the building.

The original property stood at 17 stories and was designed with cutting-edge technology that included...

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