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Chicago Stock Exchange Arc Chicago, Illinois

 


In the 1960s and 1970s, urban renewal reshaped downtown Chicago, in addition to its effects on the city's demography, these changes resulted in the destruction of a number of beloved buildings, one of the most famous examples being the Chicago Stock Exchange Building, designed architects Louis Henri Sullivan and Dankmar Adler.

The Chicago Stock Exchange was built in 1893 and was considered one of the most beautiful commercial buildings in the world at the time. The 13-story structure was decorated with accents of flat glass and steel which showed Sullivans' unique use of complex geometric figures. The highlight of the building's exterior was a massive terracotta arch covered with ornate decorations.

While other 19th century city architectures were to be demolished, the conservatives fought to keep the Stock Exchange from the demolition ball. One of these curators was photographer Richard Nickel. To preserve the condemned buildings, he took photographs and recovered ornamental pieces. But unfortunately, Nickel was killed when the ground above him collapsed while he was working inside the Stock Exchange.

Despite the public outcry, the Stock Exchange was demolished in 1972. A few key elements were saved: the original trading room and the terracotta arch. In 1977, the Art Institute of Chicago displayed the arch in a small square outside the museum and rebuilt the original trading hall inside. Today, the disembodied stone vault stands in stark contrast to the modern Winga meeting of the Glass and Steel Art Institute of the city's past and present.



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