HOME

TheInfoList



OR:

Wolf Point is the location at the confluence of the North, South and Main Branches of the
Chicago River The Chicago River is a system of rivers and canals with a combined length of that runs through the city of Chicago, including its center (the Chicago Loop). Though not especially long, the river is notable because it is one of the reasons for ...
in the present day Near North Side, Loop, and Near West Side community areas of Chicago. This fork in the river is historically important in the development of early Chicago. Located about from Lake Michigan, this was the location of Chicago's first three
tavern A tavern is a place of business where people gather to drink alcoholic beverages and be served food such as different types of roast meats and cheese, and (mostly historically) where travelers would receive lodging. An inn is a tavern t ...
s, its first hotel, Sauganash Hotel, its first ferry, its first drug store, its first church, its first theater company, and the first bridges across the Chicago River. The name is said to possibly derive from a Native American Chief whose name translated to wolf, but alternate theories exist. Historically, the west bank of the river at the fork was called "Wolf Point," but in the 1820s and 1830s it came to denote the entire area and the settlement that grew up around the river-fork. Wolf Point is now often used more specifically to refer to a plot of land on the north side of the fork in the Near North Side community area owned by the
Kennedy family The Kennedy family is an American political family that has long been prominent in American politics, public service, entertainment, and business. In 1884, 35 years after the family's arrival from Ireland, Patrick Joseph "P. J." Kennedy beca ...
as part of the larger Merchandise Mart Center complex. Today the north bank at the fork, is the location of a high-rise and a construction site, the west bank includes condominium high rises, commercial skyscrapers, and railroad tracks, while the south bank includes part of the Chicago Riverwalk and serves as the transition point of
Wacker Drive Wacker Drive is a major multilevel street in Chicago, Illinois, running along the south side of the main branch and the east side of the south branch of the Chicago River in the Loop.Hayner, Don and Tom McNamee, ''Streetwise Chicago'', "Wacker D ...
from an east–west street to a north–south street.


Background

The origin of the name, Wolf Point, is unknown. In her 1856 memoir ''Wau-Bun'', Juliette Kinzie states that 'the place was then called ''Wolf Point'', from its having been the residence of an Indian named "''Moa-way''," or "the Wolf."' Other alternate explanations are that it was so-named after the landlord of what would later be called the ''Wolf Point Tavern'' killed a ferocious wolf and hung a painted sign of a wolf outside his tavern to commemorate the event, or that it was named by a soldier at
Fort Dearborn Fort Dearborn was a United States fort built in 1803 beside the Chicago River, in what is now Chicago, Illinois. It was constructed by troops under Captain John Whistler and named in honor of Henry Dearborn, then United States Secretary of War. ...
because it was a place where wolves would gather at night. Originally the term Wolf Point referred to the west bank of the Chicago River at the fork junction of its branches, but it gradually came to refer to the whole region around the forks and in modern usage is often more specifically used to mean the plot of land on the north side of the forks. The confluence of the three branches of the river near Wolf Point provided inspiration for Chicago's Municipal Device, a Y-shaped, city identification symbol that can be seen on many buildings in Chicago, and on city owned vehicles.


Early settlement

The first non-indigenous settler at Wolf Point may have been a trader named Guarie. Writing in 1880 Gurdon Hubbard, who first arrived in Chicago on October 1, 1818, stated that he had been told of Guarie by Antoine De Champs and Antoine Beson, who had been traversing the Chicago Portage annually since about 1778. Hubbard wrote that De Champs had shown him evidence of a trading house and the remains of a cornfield supposed to have belonged to Guarie. The cornfield was located on the west bank of the North Branch of the Chicago River, a short distance from the forks at what is now Fulton Street; early settlers named the North Branch of the Chicago River the Guarie River, or Gary's River. James Kinzie, the son of early settler John Kinzie, built a tavern on the west bank of the river at Wolf Point in 1828. By 1829 this tavern was operated for Kinzie by Archibald Caldwell who was granted a liquor license on December 8 of that year. Caldwell left Chicago early in 1830 and Elijah Wentworth became the landlord of the tavern. He was in turn succeeded by Charles Taylor (1831–1833) and William Walters (1833–1836). The tavern became known as the 'Wolf Point Tavern' or 'Wolf Tavern' and a painted sign of a wolf was hung outside the tavern by approximately 1833. In about 1829, Samuel Miller and his brother John opened a store on the north bank of the river at the forks. In 1830, they enlarged their store and began to operate it as a tavern in competition with the Wolf Point Tavern. On June 2, 1829 Samuel Miller and Archibald Clybourn had been authorized to operate the first ferry across the Chicago River. Clybourn was the ferry man, crossing the North Branch of the river between Miller's tavern and the Wolf Point Tavern. In 1831 John Miller built a log house near his brother's tavern that he used as a tannery; Chicago's first recorded factory. Samuel Miller sold the tavern and moved away following the death of his wife in 1832. Mark Beaubien opened the Eagle Exchange Tavern in a log cabin on the south bank in 1829. In 1831 Beaubien added a
frame A frame is often a structural system that supports other components of a physical construction and/or steel frame that limits the construction's extent. Frame and FRAME may also refer to: Physical objects In building construction *Framing (con ...
addition and opened the Sauganash Hotel, Chicago's first hotel. Immediately adjacent to the hotel's public bar was Chicago's first drug store. Beaubien left the Sauganash Hotel in 1834, but the hotel continued in operation until it was destroyed by a fire in 1851. In 1837, the hotel hosted the first Chicago theatre company in a converted dining room. The site of the Sauganash Hotel was redeveloped as the
Wigwam A wigwam, wickiup, wetu (Wampanoag), or wiigiwaam (Ojibwe, in syllabics: ) is a semi-permanent domed dwelling formerly used by certain Native American tribes and First Nations people and still used for ceremonial events. The term ''wickiup' ...
in 1860; the site today is at 191 North Wacker and is designated as a Chicago Landmark. James Kinzie built the Green Tree Tavern at the northeastern corner of Canal and Lake Streets in 1833. The tavern went through a succession of owners and name changes before being moved in 1880 to 33, 35, and 37 Milwaukee Avenue. In 1902 plans were made to preserve the building and move it to Garfield Park, however the hotel collapsed before work could start on this project. Rev. Jesse Walker started the first church on June 14, 1831, with ten members in a log cabin. In 1838, the congregation floated their log cabin across the Chicago River and rolled it on logs to the corner of Washington and Clark Streets, where it is now the First United Methodist Church Chicago Temple. Archibald Clybourn's ferry across the North Branch of the river was replaced by a bridge in the winter of 1831 and 1832, and a bridge across the South Branch of the river located between Lake and Randolph Streets was added in the winter of 1832 and 1833. Early settlers J. D. Caton, John Bates, Charles Cleaver, and John Noble wrote in a letter in the fall of 1883 that both of these bridges were constructed of logs; they were about wide, and cleared the river by about .


Development

When the
Illinois and Michigan Canal The Illinois and Michigan Canal connected the Great Lakes to the Mississippi River and the Gulf of Mexico. In Illinois, it ran from the Chicago River in Bridgeport, Chicago to the Illinois River at LaSalle-Peru. The canal crossed the Chicago Por ...
opened in 1848, the landmass at Wolf Point was decreased by dredging to accommodate a
turning basin A turning basin, winding basin or swinging basin is a wider body of water, either located at the end of a ship canal or in a port to allow cargo ships to turn and reverse their direction of travel, or to enable long narrow barges in a canal to tu ...
for ships. In the autumn of the same year the Galena and Chicago Union Railroad opened Chicago's first railroad depot at Wolf Point, on the southwestern corner of Kinzie and Canal Streets. By 1857 the site of Wolf Point Tavern was being used as a lumber yard; the Fulton Elevator, one of Chicago's earliest
grain elevators A grain elevator is a facility designed to stockpile or store grain. In the grain trade, the term "grain elevator" also describes a tower containing a bucket elevator or a pneumatic conveyor, which scoops up grain from a lower level and deposits ...
, was built just to the north of the former tavern in 1852. Several blocks to the west of Wolf Point were destroyed in a large fire on September 15, 1859. The Fulton Elevator survived this, and the
Great Chicago Fire The Great Chicago Fire was a conflagration that burned in the American city of Chicago during October 8–10, 1871. The fire killed approximately 300 people, destroyed roughly of the city including over 17,000 structures, and left more than 10 ...
of 1871, but was burned down on September 7, 1873. It was rebuilt in the same year, and another grain elevator, the St Paul Elevator, was added immediately to the south of the original in 1879. The Chicago, Milwaukee and St. Paul railway company purchased both elevators in 1889 for $400,000 ($ million today), but demolished them in 1906. Currently, the site is occupied by the Riverbend Condominiums at 333 North Canal Street. The property on the north bank of the river at Wolf Point was owned by businessman
Marshall Field Marshall Field (August 18, 1834January 16, 1906) was an American entrepreneur and the founder of Marshall Field and Company, the Chicago-based department stores. His business was renowned for its then-exceptional level of quality and customer ...
until it was sold to Democratic Party figure and
Kennedy family The Kennedy family is an American political family that has long been prominent in American politics, public service, entertainment, and business. In 1884, 35 years after the family's arrival from Ireland, Patrick Joseph "P. J." Kennedy beca ...
patriarch
Joseph P. Kennedy Joseph Patrick Kennedy (September 6, 1888 – November 18, 1969) was an American businessman, investor, and politician. He is known for his own political prominence as well as that of his children and was the patriarch of the Irish-American Ken ...
in 1945 or 1946, depending on the source. Although the Kennedy family sold much of the complex center property to
Vornado Realty Trust Vornado Realty Trust is a real estate investment trust formed in Maryland in 1982, with its primary office in New York City. The company invests in office buildings and street retail in Manhattan. Investments Notable properties owned by the ...
in 1998 as part of a larger $625 million ($ million) transaction, the family retained their interest in the of Wolf Point land. The area still owned by the Kennedy family is bounded by the Chicago River to the east, west, south and
350 West Mart Center 350 North Orleans (formerly known as River North Point) is the official name of the 24-floor multipurpose building located in the River North community area of Chicago, at the intersection of the North Branch and the Main Branch of the Chicago Ri ...
to the north. The
Merchandise Mart The Merchandise Mart (or the Merch Mart, or the Mart) is a commercial building located in downtown Chicago, Illinois. When it was opened in 1930, it was the largest building in the world, with of floor space. The Art Deco structure is locate ...
is located diagonally to the northeast. There have been numerous plans to develop the property dating back to the late 1980s. In 2007, the Kennedys planned to develop the property with three high-rises and skyscrapers to designs by Argentine-American architect César Pelli. In 2012, updated plans were proposed with several target completion dates over the next decade. The property is a coveted real estate location that has had several serious redevelopment plans in the past. In 2014, construction began on the first phase of the planned Wolf Point Towers. A joint venture including the AFL-CIO Building Investment Trust and the Kennedy Family completed the 46-story Wolf Point West tower with union construction labor in 2016. A building permit for construction of Wolf Point East was issued on June 22, 2017 as a 60-story, 698-unit, building and by June 28, a joint venture of the AFL-CIO Building Investment Trust, the Kennedy Family, and Hines began construction on the $380 million project with a $200 million loan through a lending group that included
Bank of America The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank ...
, Citizens Bank, ING Real Estate Finance, and Ullico. Occupancy is expected in 2019. The south bank is being redeveloped as part of Mayor
Rahm Emanuel Rahm Israel Emanuel (; born November 29, 1959) is an American politician and diplomat who is the current United States Ambassador to Japan. A member of the Democratic Party, he previously served two terms as the 55th Mayor of Chicago from 2011 ...
's plans to extend the Chicago Riverwalk, which is located on the south bank of the
Chicago River The Chicago River is a system of rivers and canals with a combined length of that runs through the city of Chicago, including its center (the Chicago Loop). Though not especially long, the river is notable because it is one of the reasons for ...
and will extend from Lake Michigan to the intersection of North Wacker Drive and Lake Street. Design plans are being finalized as of Spring 2015 with completion targeted by the end of 2016 pending funding. Currently, the plan will include a three-story retail space, a large park, and an iconic bridge linking Wacker to the Riverwalk path.


See also

* Apparel Center * Fulton House, Chicago


Notes


Notes


References


Bibliography

* * * * * * * *


External links


construction webcam
{{good article History of Chicago