In 2018, Chicago’s Department of Planning and Development felt that they had a progressive plan to preserve one of the city’s most rapidly gentrifying neighborhoods. Pilsen, on the city’s southwest side, was home to Eastern European immigrants in the 19th century; in the 20th century, it drew newcomers from Mexico. The overlapping waves of arrivals left enduring marks on the neighborhood’s architectural fabric, where ornate “Bohemian Baroque” buildings carry brilliant murals painted to express the area’s Latinx heritage. But residents of Pilsen were facing growing affordability pressures: According to the Chicago Sun-Times, median home prices went from $76,000 to $198,000 from 1990 ...
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.