By The Beachwood Special Message Affairs Desk
A special message from Northwestern President Henry S. Bienen to faculty, staff, students, and alumni who live in the neighborhood of the Chicago campus
July 2007
As you may be aware, Northwestern University has a contract to sell 850 North Lake Shore Drive, the Lake Shore Center, which was used for graduate student housing for 30 years, to a developer to build a new condominium building. The new building would meet all existing city of Chicago zoning requirements with respect to such matters as height, mass, and use. Unfortunately, there is a move to block this new construction by declaring the existing building a historic landmark. Such action would severely jeopardize Northwestern’s ability to sell the property at a fair price. That’s why I’m taking the unusual step of writing to faculty, staff, students, and alumni who live in the area near our Chicago campus. A drawing and description of the proposed project are enclosed.
I firmly believe that Northwestern University is very beneficial to the city of Chicago. Marshaling our assets in the most effective manner is critical to our missions of teaching, research, and clinical care and building a world-class medical center. Obtaining a fair price for the University’s property directly affects our ability to invest in the Feinberg School of Medicine and our other schools. In addition, restricting the University’s ability to sell its property is detrimental not just to Northwestern but also to the entire Chicago community.
Posted on July 24, 2007