Chicago Stock Exchange Arch

TheChicago Stock Exchange Archis a piece of historical architecture located inChicago,Illinois,United States. Installed outside of theArt Institute of Chicago,it is one of the few surviving large-scale fragments from theChicago Stock Exchangebuilding designed in 1893.[2]

Chicago Stock Exchange Arch
The arch in 2004
Map
ArtistDankmar Adler&Louis Sullivan
Year1893 (131 years ago)
MediumTerra-cotta slab[1]
ConditionRelocated
LocationArt Institute of Chicago, Chicago
Coordinates41°52′52″N87°37′16″W/ 41.881°N 87.621°W/41.881; -87.621
OwnerArt Institute of Chicago

History

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The arch as installed on the bottom center of the longer façade the Chicago Stock Exchange building

The arch was sculpted byDankmar Adler&Louis Sullivanin 1893 for the Chicago Stock Exchange building. Prior to the building's demolition, the entryway arch and thetrading floorwere saved for preservation by the Art Institute of Chicago.[3]Other architecturally significant fixtures and pieces from the exchange were preserved, including a staircase saved byThe Met Fifth Avenue,[4]and abalustersaved by theKirkland Museum of Fine & Decorative Art.[5]

A 1974 donation of $520,000 byWalter E. HellerFoundation, whose company purchase the Exchange and replaced it with theHeller International Building,allowed for the preservation and reinstallation of the arch and former trading floor.[6]The arch was installed outside the Art Institute of Chicago's east entrance in 1977.[7]

The arch is presently located outside of the Modern Wing of the Art Institute. During the three-and-a-half-year construction of the Modern Wing, the arch had to be shrouded in fabric mesh andscaffoldingto protect it from possible construction damage.[8]

Design

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Architectural drawings for the arch

The arch was originally installed at the entrance of the Chicago Stock Exchange Building, a thirteen story building housing the city'sstock exchange.While doors were originally present in the arch, they were removed when relocated to the Art Institute of Chicago.

See also

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References

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  1. ^Kahn, Eve M. (2009-05-28)."Assets of Splendor From a Stock Exchange".The New York Times.ISSN0362-4331.Archivedfrom the original on 2023-07-27.Retrieved2024-04-12.
  2. ^"Chicago Stock Exchange Arch".Chicago Park District.Archivedfrom the original on 2022-12-02.Retrieved2024-04-13.
  3. ^"Reconstructing Adler and Sullivan's Stock Exchange Trading Room".The Art Institute of Chicago.2019-12-16.Archivedfrom the original on 2023-06-08.Retrieved2024-04-13.
  4. ^"Staircase from Chicago Stock Exchange Building, Chicago".The Metropolitan Museum of Art.Archivedfrom the original on 2024-04-05.Retrieved2024-04-13.
  5. ^"Baluster from the Chicago Stock Exchange".Kirkland Museum.Archivedfrom the original on 2023-06-10.Retrieved2024-04-13.
  6. ^Artner, Alan G. (1974-04-04). "$520,000 Art Institute gift to remake stock exchange".Chicago Tribune.p. 6.ISSN1085-6706.
  7. ^"Grant Park Sculptures".Grant Park Conservancy. Archived fromthe originalon 2021-03-06.Retrieved2017-04-09.
  8. ^Kamin, Blair (2008-08-28)."Preservation icon about to re-emerge".Chicago Tribune.Retrieved2024-04-12.
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