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Powers and O Brien conduit plan drives Chicago deal by alderman
The Powers group led by Alderman Powers advances a deep conduit project under Chicago with estimated cost over 1 million dollars and potential annual rent of 26400 per mile per duet. The scheme leverages a 30 year franchise with minimal city compensation, while rival firms face pressure from a powerful backer group.
MENTIONED IN THIS ARTICLE
John Powers
John L. Jackson Company
Alderman Powers
Ulinois
Powers’ Company
Chicago
Powers & O'Brien
Madison Street
State Street
Lake
Lake Front Park
Telegraph
Illinois Telephone and Telegraph Company
Fullerton Avenue
Western Avenue
22 Street
Halsted Street
Fifty-fifth Street
Lake Michigan
Chicago Telephone Company
Ald
Novak
John Bennett
Peculiar Council Fame
Johm Powers
Lake Street
Union Loop
Tierrman