| The
University
and the City A Centennial View of the University of Chicago |
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The University Neighborhood Renewal
and Revival The Hyde Park neighborhood redevelopment project was expensive and inevitably imperfect. Over 15,000 neighborhood residents were displaced as buildings considered substandard were torn down. Some of Hyde Park's historic nineteenth-century housing stock was lost, and the character of entire blocks and streets in the heart of the neighborhood was completely altered. The cost of the entire redevelopment effort in the area surrounding the University campus exceeded $300 million. The federal government, which regarded Hyde Park as an important testing ground for emerging urban renewal strategies, provided $4.6 million for development projects. The University invested $29 million, and an additional $250 million was secured from private investors. As one of the earliest massive efforts to reshape an American urban neighborhood, the Hyde Park-Kenwood renewal program received its full share of social, political, and architectural criticism. Some of the area's old, familiar graciousness and raucousness would have disappeared over time and could not have been preserved in Hyde Park any more than in any other vigorous city neighborhood. Yet, working in concert, Hyde Park residents and the University were singularly successful in constructing a formula for an economically stable and racially integrated community and in confirming the University's commitment to remain an urban institution. |
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