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Reinventing Industrial Property

This chapter demonstrates the Mayor's Committee for Economic and Cultural Development (CECD) that substituted the Chicago Land Clearance Commission's (CLCC) strategy of using government funds to replace razed blighted space with new industrial districts. It examines the methods used by the CECD to modernize the practices that induced industrial firms to invest in city property. It also points out how the CECD was instrumental in shaping how city leaders viewed industrial property through the 1960s and early 1970s. The chapter recounts CECD's work to resituate industrial property as a space for science-led industrial development and the rejuvenation of existing factory areas between 1961 and 1976. It cites how the CECD contributed to the government-led economic development policies that became increasingly common in the United States since the 1970s by forcing the city and industrial institutions to rethink how to promote industrial growth.