Franklin Center (Chicago) - History

History

In 1982, the American Telephone & Telegraph Company monopoly was dissolved by the court ordered divestiture of local phone companies. In the decade that followed, AT&T erected new buildings across the country including the AT&T Building in New York City. On April 5, 1985, AT&T issued a request for proposals that produced eleven respondents. Stein and Co., the winning realtor, sought Skidmore, Owings and Merrill as designers for the purpose of distinguishing a proposal from the nearby Willis Tower. On April 3, 1989, AT&T employees began to occupy the office space.

The building was built under a self-imposed comprehensive minority contracting and affirmative action package that met the city's 1985 30% hiring rule for public sector projects. Chicago Mayor Harold Washington's administration had passed an edict that 30% of the work for public sector projects be set aside for minority and women-owned businesses. In a show of support for this rule Stein & Co. and AT&T adopted the rule for their private development.

Read more about this topic:  Franklin Center (Chicago)

Famous quotes containing the word history:

    Free from public debt, at peace with all the world, and with no complicated interests to consult in our intercourse with foreign powers, the present may be hailed as the epoch in our history the most favorable for the settlement of those principles in our domestic policy which shall be best calculated to give stability to our Republic and secure the blessings of freedom to our citizens.
    Andrew Jackson (1767–1845)

    A great proportion of the inhabitants of the Cape are always thus abroad about their teaming on some ocean highway or other, and the history of one of their ordinary trips would cast the Argonautic expedition into the shade.
    Henry David Thoreau (1817–1862)

    It’s nice to be a part of history but people should get it right. I may not be perfect, but I’m bloody close.
    John Lydon (formerly Johnny Rotten)