Michigan Avenue - Niche Media - Michigan Avenue magazine is a luxury lifestyle magazine centered around Chicago’s finest people, events, fashion, health & beauty, fine dining & more!
Issue link: http://www.ifoldsflip.com/i/215745
Haute Property NEWS, STARS, AND TRENDS IN REAL ESTATE The 606 is enhancing the value of nearby properties, like this home at 1744 West Cortland Street. Trail-Blazing, Chicago Style AN URBAN OASIS IN THE MAKING, THE 606 IS TURNING ONE NORTHWEST SIDE CORRIDOR INTO A REAL ESTATE HOTBED. BY LISA SKOLNIK E pic adaptive use projects take time, even in the City that Works. Take The 606, which is about to transform the 140-yearold, 2.7-mile elevated Bloomingdale railway line that runs through Bucktown, Wicker Park, Humboldt Park, and Logan Square (formerly known as the Bloomingdale Trail) into a lushly landscaped trail à la New York City's ravedabout High Line. The 606 reportedly took 13 years to plan and could be another seven in the making, with the first phase of construction on track for completion by fall 2014. Given its potential, it should be worth the wait. "It's a fantastic amenity, and amenities like this make communities more desirable," says Steve Baird, CEO and president of Baird & Warner, who is a national board member of the project's partner Trust for Public Land (TPL). But how big will those gains be? If Millennium Park is any indicator, the stakes are high. Once continued on page 130 MICHIGANAVEMAG.COM 129-130_MA_HP_Opener_Winter2014.indd 129 129 11/20/13 10:26 AM