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lynk2510
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PostSubject: History of the site   Tue Jul 26, 2011 9:02 pm

History of the site

During the city's early history, the Point became a hub for industry and transportation. By the 1930s it was occupied by warehouses and railroad yards. Wright commented in 1935 that the city had wasted the potential of its rivers and hilly landscape. In 1945, the situation in this regard was even worse; four years of World War II and eight years of the Great Depression had permitted urban blight to make substantial inroads. The total assessed property value in the Golden Triangle was at a record low and falling. At the point, rarely-used railroad facilities included 15 acres (61,000 m2) of yards (60000 m2) and half a mile (800 m) of elevated train tracks.[3]
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