60-814: The London Guarantee Building or London Guaranty & Accident Building is a historic 1923 commercial skyscraper whose primary occupant since 2016 is the LondonHouse Chicago Hotel . Formerly, for a time named the Stone Container Building, it is located near the Loop in Chicago , and is one of four historic 1920s skyscrapers that surround the Michigan Avenue Bridge over the Chicago River (the others are
120-603: A sculpture by Pablo Picasso and the state law courts. Given its proximity to government offices, the center's plaza serves as a kind of town square for celebrations, protests, and other events. The Loop is in South Chicago Township within Cook County. Townships in Chicago were abolished for governmental purposes in 1902 but are still used for property assessment. The nearby James R. Thompson Center
180-400: A modern glass addition on an adjacent plot. Goettsch Partners designed the new 22-story addition on a parcel immediately west of the structure. On April 15, 2016, Oxford Capital Group sold the 452-room hotel, but also agreed to a 25-year contract to lease back and manage the hotel. Oxford, however, retained ownership of first and second floor retail space. After an extensive renovation project,
240-464: A personal vehicle at all, compared to 26.4 percent citywide and 12.6 percent regionally. The Loop is Community Area 32. In addition to the financial ( West Loop–LaSalle Street Historic District ), theatre, and jewelry ( Jewelers Row District ) districts, there are neighborhoods that are also part of the Loop community area. According to the 2010 census, 29,283 people live in the neighborhoods in or near
300-484: Is a mixed-use district bordered by Michigan Avenue to the west, the Chicago River to the north, Randolph Street to the south, and Lake Shore Drive to the east. It encompasses the entire Illinois Center and Lakeshore East is the latest lead-developer of the 1969 Planned Development #70, as well as separate developments like Aon Center, Prudential Plaza, Park Millennium Condominium Building, Hyatt Regency Chicago, and
360-452: Is a section of Grant Park, opened in the summer of 2004 and features Frank Gehry 's Jay Pritzker Pavilion , Jaume Plensa 's Crown Fountain , and Anish Kapoor 's Cloud Gate sculpture along Lake Michigan . The Chicago River and its accompanying Chicago Riverwalk, which delineates the area, also provides entertainment and recreational opportunities, including the annual dyeing of the river green in honor of St. Patrick's Day . Trips down
420-582: Is across the street. The Federal Reserve Bank of Chicago is located on LaSalle Street in the heart of the financial district. The United States Postal Service operates the Loop Station Post Office at 211 South Clark Street. The Chicago Fire Department operates 3 Fire Stations in the Loop District: Several countries maintain consulates in the Loop. They include Argentina , Australia , Canada , Costa Rica ,
480-545: Is an homage to the first owner of the 1923 Beaux Arts tower. In the 1930s through the 1950s, the Haywood Publishing Company, founded by George P. Haywood, was housed in the building. The Haywood Publishing company, based in Lafayette, IN, published many periodicals and monthlys for the manufacturing industry. From the 1960s through the 1980s, the studios of Chicago's WLS (AM) radio were located on
540-803: Is the city headquarters for state government, with an office for the Governor. Many state agencies have offices here, including the Illinois State Board of Education . A few blocks away is the Everett McKinley Dirksen United States Courthouse housing federal law courts and other federal government offices. This is the seat of the United States Court of Appeals for the Seventh Circuit . The Kluczynski Federal Building
600-637: Is the most Democratically leaning district in Illinois according to the Cook Partisan Voting Index with a score of D+38 and represented by Democrat Danny K. Davis . List of United States representatives representing the Loop since 1903 Illinois's 1st congressional district (1903 – 1963): Illinois's 7th congressional district (1963–present): The Loop area derives its name from transportation networks present in it. Passenger lines reached seven Loop-area stations by
660-805: Is the second largest commercial business district in the United States after New York City's Midtown Manhattan . Its financial district near LaSalle Street is home to United Airlines , Hyatt Hotels & Resorts, and CME Group 's Chicago Board of Trade and Chicago Mercantile Exchange . Aon Corporation maintains an office in the Aon Center . Chase Tower houses the headquarters of Exelon . United Airlines has its headquarters in Willis Tower , having moved its headquarters to Chicago from suburban Elk Grove Township in early 2007. Blue Cross and Blue Shield Association has its headquarters in
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#1732780981346720-455: The 2016 presidential election , the Loop cast 11,141 votes for Hillary Clinton and cast 2,148 votes for Donald Trump (79.43% to 15.31%). In the 2012 presidential election , the Loop cast 8,134 votes for Barack Obama and cast 2,850 votes for Mitt Romney (72.26% to 25.32%). In the U.S. House of Representatives , the area is wholly within Illinois's 7th congressional district , which
780-633: The AT&;T Corporate Center . Chicago's fourth tallest building, the Aon Center , is located just south of Illinois Center . The complex is at the east end of the Loop, east of Michigan Avenue . Two Prudential Plaza is also located here, just to the west of the Aon Center. The Loop contains a wealth of outdoor sculpture, including works by Pablo Picasso , Joan Miró , Henry Moore , Marc Chagall , Magdalena Abakanowicz , Alexander Calder , and Jean Dubuffet . Chicago's cultural heavyweights, such as
840-797: The Art Institute of Chicago , the Goodman Theatre , the Chicago Theatre , the Lyric Opera at the Civic Opera House building, and the Chicago Symphony Orchestra , are also in this area, as is the historic Palmer House Hilton hotel, found on East Monroe Street. Chicago's waterfront, which is almost exclusively recreational beach and park areas from north to south, features Grant Park in
900-473: The Chicago City Council , which are represented by aldermen Sophia King , Byron Sigcho-Lopez , Bill Conway and Brendan Reilly . From the city's incorporation and division into wards in 1837 to 1992, the Loop as currently defined was at least partially contained within the 1st ward. From 1891 to 1992 it was entirely within the 1st ward and was coterminous with it between 1891 and 1901. It
960-540: The Chicago River to the west and north, Lake Michigan to the east, and Roosevelt Road (12th Street) to the south is called the Loop. It took its name from a somewhat smaller area, which meant the 35 city blocks bounded on the north by Lake Street, on the west by Wells Street, on the south by Van Buren Street, and on the east by Wabash Avenue—the Union Loop formed by the 'L' in the late 1800s. Similarly, " South " and " West Loop " historically referred to areas within
1020-669: The Home Insurance Building , considered the world's first skyscraper (demolished in 1931); the Chicago Board of Trade Building , a National Historic Landmark ; and Willis Tower , the world's tallest building for nearly 25 years. Some of the historic buildings in this district were instrumental in the development of towers. This area abounds in shopping opportunities, including the Loop Retail Historic District , although it competes with
1080-610: The Home Insurance Building , generally considered the world's first skyscraper, was constructed, followed by the development of the Chicago school best exemplified by such buildings as the Rookery Building in 1888, the Monadnock Building in 1891, and the Sullivan Center in 1899. Loop architecture has been dominated by skyscrapers and high-rises since early in its history. Notable buildings include
1140-615: The Illinois Senate most of the community area is in District 3, represented by Democrat Mattie Hunter , while a large part in the east is part of District 13, represented by Democrat Robert Peters , and a very small part in the west is part of District 5, represented by Democrat Patricia Van Pelt . The Loop community area has supported the Democratic Party in the past two presidential elections by large margins. In
1200-691: The Michigan Plaza complex. Sidley Austin has an office in the Loop. The Chicago Loop Alliance is located at 55 West Monroe, the Chicagoland Chamber of Commerce is located in an office in the Aon Center, the French-American Chamber of Commerce in Chicago has an office in 35 East Wacker , the Netherlands Chamber of Commerce in the United States is located in an office at 303 East Wacker Drive, and
1260-763: The Millennium Station , which serves as the Chicago terminal of the Metra Electric District line that goes to University Park , and LaSalle Street Station , which serves as the Chicago terminal of the Rock Island District line bound for Joliet , are in the Loop. In addition to the terminals, the Van Buren Street station and Museum Campus/11th Street station on the Electric District line are also in
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#17327809813461320-545: The Wrigley Building , Tribune Tower and 333 North Michigan Avenue ) and is a contributing property to the Michigan–Wacker Historic District . It stands on part of the former site of Fort Dearborn . The building was designated a Chicago Landmark on April 16, 1996. The London Guarantee & Accident Building was designed by Chicago architect Alfred S. Alschuler and completed in 1923 for
1380-477: The 1830s, the area was selected as the site of their respective seats. Originally mixed-use, the neighborhood became increasingly commercial in the 1870s. This process accelerated in the aftermath of the 1871 Great Chicago Fire , which destroyed most of the neighborhood's buildings. Some of the world's earliest skyscrapers were constructed in the Loop, giving rise to the Chicago School of architecture . By
1440-473: The 1890s, with transfers from one to the other being a major business for taxi drivers prior to the advent of Amtrak in the 1970s and the majority of trains being concentrated at Chicago Union Station across the river in the Near West Side . The construction of a streetcar loop in 1882 and the elevated railway loop in the 1890s gave the area its name and cemented its dominance in the city. In Metra
1500-446: The 1920s old buildings were purchased in the area and converted to parking structures. More high-rise garages and parking lots were constructed in the 1930s, which also saw the advent of double-deck parking. The first parking meters were installed in 1947 and private garages were regulated in 1957; they were banned outright in the Loop in the 1970s in response to federal air-quality standards. The first underground garages were built by
1560-412: The Chicago River throughout the area. Illinois Center neighborhood has three-level streets. The eastern terminus of U.S. Route 66 (US 66), an iconic highway in the United States first charted in 1926, was located at Jackson Boulevard and Michigan Avenue . When Illinois and Missouri agreed that the local signage for US 66 should be replaced with that of Interstate 55 (I-55) as
1620-488: The Chicago River, including architectural tours, by commercial boat operators, are great favorites with both locals and tourists alike. The Loop is the seat of Chicago's city government. It is also the government seat of Cook County and houses an office for the governor of Illinois . The city and county governments are situated in the same century-old building . Across the street, the Richard J. Daley Center accommodates
1680-734: The Czech Republic , Ecuador , El Salvador , France , Guatemala , Haiti , Hungary , Indonesia , Israel , the Republic of Macedonia , the Netherlands , Pakistan , Peru , the Philippines , South Africa , Turkey , and Venezuela . In addition, the Taipei Economic and Cultural Office of the Republic of China is in the Loop. The Loop is currently a part of the 4th, 25th, 34th and 42nd wards of
1740-600: The Fairmont Chicago, Millennium Park. The area has a triple-level street system and is bisected by Columbus Drive. Most of this district has been developed on land that was originally water and once used by the Illinois Central Railroad rail yards. The early buildings in this district such as the Aon Center and One Prudential Plaza used airspace rights in order to build above the railyards. The New Eastside Association of Residents (NEAR) has been
1800-463: The Fort Dearborn reservation that became part of the city in 1839 and land reclaimed from Lake Michigan. The area was bustling by the end of the 1830s. Lake Street started to be a center for retail at that time, until it was eclipsed by State Street in the 1850s. By 1948 an estimated one million people came to and went from the Loop each day. Afterwards, suburbanization caused a decrease in
1860-748: The London Guarantee & Accident Company, an insurance firm that was then its principal occupant. The top of the building is noted to resemble the Choragic Monument of Lysicrates in Athens , but it was modeled after the Stockholm Stadshus . It is located in the Michigan–Wacker Historic District . The building stands on the property formerly occupied by the Hoyt Building from 1872 until 1921. The LondonHouse Hotel name
London Guarantee Building - Misplaced Pages Continue
1920-526: The Loop area and offer 24/7 service; the Red and Blue Lines are the only rapid transit lines in the United States west of the Appalachian Mountains to offer such service. Bus Rapid Transit has been implemented in the Loop. Chicago's address system has been standardized as beginning at the intersection of State and Madison Streets since September 1, 1909. Prior to that time, Chicago's street system
1980-606: The Loop proper, but in the 21st century began to refer to the entire Near South and much of the Near West Sides of the city, respectively. In 1803, the United States Army built Fort Dearborn in what is now the Loop; although earlier settlement was present, this was first settlement in the area sponsored by the United States' federal government . When Chicago and Cook County were incorporated in
2040-419: The Loop. The professional sector is the largest source of employment of both Loop residents and Loop employees, at respectively 21.4 and 23.3 percent. Finance was the second most common employment for both groups, at respectively 13.5 and 17.7 percent. Health Care was the third largest sector for residents at 10.2 percent while Education was the third largest sector for Loop employees at 13 percent. Education
2100-543: The Loop. 26.8 percent worked outside of Chicago. Respectively 11.5, 8.0, and 2.8 percent worked in the Near North Side , the Near West Side , and Hyde Park . Conversely, 45.5 percent of the people employed in the Loop lived outside of Chicago. Lake View housed 4 percent of Loop employees, the highest percentage of any of Chicago's community areas. The Near North Side, West Town , and Lincoln Park respectively housed 3.8, 2.6, and 2.5 percent of those working in
2160-593: The Loop. All stations in the Loop are in Zone A for fare collection purposes. The interurban South Shore Line , which goes to South Bend, Indiana , has its Chicago terminal at Millennium Station. All lines of the Chicago "L" except the Yellow Line serve the Loop area for at least some hours. The State Street Subway and Dearborn Street Subway , respectively parts of the Red Line and Blue Line , are present in
2220-410: The Loop. The neighborhood also hosts Chicago's City Hall , the seat of Cook County , offices of other levels of government, and several foreign consulates. The intersection of State Street and Madison Street in the Loop is the origin point for the address system on Chicago's street grid . The Loop's definition and perceived boundaries have developed over time. Since the 1920s, the area bounded by
2280-486: The Loop. The median sale price for residential real estate was $ 710,000 in 2005 according to Forbes. In addition to the government, financial, theatre and shopping districts, there are neighborhoods that are also part of the Loop community area. For much of its history this Section was used for Illinois Central rail yards, including the IC's Great Central Station , with commercial buildings along Michigan Avenue. The New Eastside
2340-743: The US Mexico Chamber of Commerce Mid-America Chapter is located in an office in One Prudential Plaza . McDonald's was headquartered in the Loop until 1971, when it moved to suburban Oak Brook . When Bank One Corporation existed, its headquarters were in the Bank One Plaza, which is now Chase Tower. When Amoco existed, its headquarters were in the Amoco Building, which is now the Aon Center. In 2019, about 40 percent of Loop residents were also employed in
2400-481: The area's importance. Starting in the 1960s, however, the presence of an upscale shopping district caused the area's fortunes to increase. The Loop's population has boomed in recent years, having a 158 percent population increase between 2000 and 2020. Between 2010 and 2014, the number of jobs in The Loop increased by nearly 63,000 jobs, or an increase of over 13%. The Loop, along with the rest of downtown Chicago,
2460-460: The area. 33.3 percent of Loop residents walk or bike to work compared to 7.3 percent citywide. An additional 19.4 percent of Loop residents use transit for a daily commute, while 23.4 percent of residents citywide do. Just 22.2 percent of Loop residents drive to work alone or in a carpool, compared to 54.9 percent of all Chicago residents and 72.5 percent in the greater Chicago region. By household, 47.2 percent of Loop residents do not have access to
London Guarantee Building - Misplaced Pages Continue
2520-705: The building reopened as the LondonHouse hotel on May 26, 2016. Chicago Loop The Loop is Chicago 's central business district and one of the city's 77 municipally recognized community areas . Located at the center of downtown Chicago on the shores of Lake Michigan , it is the second-largest business district in North America after Midtown Manhattan . The headquarters and regional offices of several global and national businesses, retail establishments, restaurants, hotels, and theaters–as well as many of Chicago's most famous attractions–are located in
2580-629: The building was acquired by Crain Communications Inc. and was referred to as the Crain Communications Building. Crain Communications and other office tenants occupied the tower until Oxford Capital paid $ 53 million for the property. Crain sold the building during the summer of 2013 to a Chicago hotel developer, Oxford Capital Group, which remodeled the structure into a 452-room hotel, with the addition of
2640-480: The city in the early 1950s. All residences and places of employment within the Loop are in highly walkable areas; the Chicago Metropolitan Agency for Planning defines such areas based on population density, the length of city blocks, tree canopy cover, fatalities or grievous injuries incurred by pedestrians and bicyclists in the area, the density of intersections, and amenities located near
2700-410: The country, once home to performers including Oscar Peterson , Ramsey Lewis , Bill Evans , Dave Brubeck , Marian McPartland , Cannonball Adderley , Erroll Garner , Ahmad Jamal , Nancy Wilson , Barbara Carroll, Bobby Short and many others. In the 1980s and 1990s TV show Perfect Strangers , the building's exterior was used as the home of the fictional newspaper Chicago Chronicle . In 2001,
2760-686: The downtown area. Grant Park is the home of Buckingham Fountain , the Petrillo Music Shell , the Grant Park Symphony (where free concerts can be enjoyed throughout the summer), and Chicago's annual two-week food festival, the Taste of Chicago , where more than 3 million people try foods from over 70 vendors. The area also hosts the annual music festival Lollapalooza which features popular alternative rock, heavy metal, EDM , hip hop, and punk rock, artists. Millennium Park , which
2820-408: The fifth floor of the building. For several decades, Paul Harvey performed his daily syndicated radio show from studios on the fourth floor. The building was also famous from the 1950s through the early 1970s for The London House , a Chicago jazz nightclub and steakhouse on the west side of the building's first floor; it had its own entrance on Wacker Drive. It was one of the foremost jazz clubs in
2880-462: The first hotel in Chicago, was built in 1831 near Wolf Point at what is now the northwestern corner of the Loop. When Cook County was incorporated in 1831, the first meeting of its government was held at Fort Dearborn with two representatives from Chicago and one from Naperville . The entirety of what is now the Loop was part of the Town of Chicago when it was initially incorporated in 1833, except for
2940-477: The highway was predominately north–south in those states, most signs of the former highway in Chicago were removed without incident but the final sign on the corner of Jackson and Michigan was removed with great fanfare on January 13, 1977, and replaced with a sign reading "END OF ROUTE 66". The first anti-parking ordinance of streets in the Loop was passed on May 1, 1918, in order to help streetcars, and had been advocated by Chicago Surface Lines . This law banned
3000-616: The late 19th century, cable car turnarounds and the Union Loop encircled the area, giving the neighborhood its name. Near the lake, Grant Park "Chicago's front yard" is Chicago's oldest park but was significantly expanded in the late 19th and early 20th centuries and houses a number of features and museums. Starting in the 1920s, road improvements for highways were constructed to and into the Loop, perhaps most famously U.S. Route 66 , which opened in 1926. While dominated by offices and public buildings, its residential population boomed during
3060-409: The latter 20th century and first decades of the 21st, partly due to the development of former rail yards (at one time, the area had six major interurban railroad terminals and land was also needed for extensive rail cargo storage and transfer), industrial lands, as well as highrise residences. Since 1950, the Loop's population has increased the most out of all of Chicago's community areas. The origin of
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#17327809813463120-500: The more upscale Magnificent Mile area to the north. It includes Chicago's former Marshall Field's department store location in the Marshall Field and Company Building ; the original Sullivan Center Carson Pirie Scott store location (closed February 21, 2007). Chicago's Downtown Theatre District is also found within this area, along with numerous restaurants and hotels. Chicago has a famous skyline which features many of
3180-435: The name "the Loop" is disputed. Some sources claim it first referred to two cable car lines that used a circuit–constructed in 1882 and bounded by Van Buren Street, Wabash Avenue, Wells Street , and Lake Street –to enter and depart the downtown area. Other research, however, has concluded that "the Loop" was not used as a proper noun until after the 1895–97 construction of the Union Loop used by 'L' trains, which shared
3240-425: The parking of any vehicle between 7 and 10 a.m. and 4 and 7 p.m. on a street used by streetcars; approximately 1,000 violators of this law were arrested in the first month of the ordinance's enforcement. The La Salle Hotel 's parking garage was the first high-rise parking garage in the Loop, constructed in 1917 at the corner of Washington and LaSalle Streets and remaining in service until its demolition in 2005. In
3300-429: The same route. In what is now the Loop, on the south bank of the Chicago River near today's Michigan Avenue Bridge , the United States Army erected Fort Dearborn in 1803, the first settlement in the area sponsored by the United States. When Chicago was initially platted in 1830 by the surveyor James Thompson , it included what is now the Loop north of Madison Street and west of State Street. The Sauganash Hotel ,
3360-704: The tallest buildings in the world as well as the Chicago Landmark Historic Michigan Boulevard District . Chicago's skyline is spaced out throughout the downtown area. The Willis Tower , formerly known as the Sears Tower, the third tallest building in the Western Hemisphere (and still second-tallest by roof height), stands in the western Loop in the heart of the city's financial district, along with other buildings, such as 311 South Wacker Drive and
3420-420: The western half is part of the 2nd district, represented by Democrat Dennis Deer . In the Illinois House of Representatives the community area is roughly evenly split lengthwise between, from east to west, Districts 26, 5, and 6, represented respectively by Democrats Kambium Buckner , Lamont Robinson , and Sonya Harper , with a minuscule portion in District 9 represented by Democrat Lakesia Collins . In
3480-421: Was a hodgepodge of various systems which had resulted from the different municipalities that Chicago annexed in the late 19th century. The implementation of the new street system was delayed by two years in the Loop to allow businesses more time to acclimate to their new addresses. Several streets in the Loop have multiple levels , some as many as three. The most prominent of these is Wacker Drive , which faces
3540-401: Was the fourth largest employer of residents at 9.4 percent while Public Administration was the fourth largest for Loop employees at 13 percent. Administration was the fifth largest sector for both groups, at respectively 6.9 and 7.3 percent. The area has long been a hub for architecture. The vast majority of the area was destroyed by the Great Chicago Fire in 1871 but rebuilt quickly. In 1885
3600-416: Was while part of the 1st ward that it was represented by the Gray Wolves. The area has not had a Republican alderman since Francis P. Gleason served alongside Coughlin from 1895 to 1897. (Prior to 1923, each ward elected two aldermen in staggered two-year terms). In the Cook County Board of Commissioners the eastern half of the area is part of the 3rd district, represented by Democrat Jerry Butler , while
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