Historically, the west bank of the river at the fork was called "Wolf Point," but in the 1820s and 1830s it came to denote the entire area and the settlement that grew up around the river-fork.
Today the north bank at the fork, is the location of several commercial skyscrapers and high-rises, the west bank includes condominium high rises, commercial skyscrapers, including River Point and 150 North Riverside on air rights over railroad tracks, while the south bank includes part of the Chicago Riverwalk and serves as the transition point of Wacker Drive from an east–west street to a north–south street, above which the 333 Wacker Drive building curves in line with the riverbend.
[10] Hubbard wrote that De Champs had shown him evidence of a trading house and the remains of a cornfield supposed to have belonged to Guarie.
[15] In about 1829, Samuel Miller and his brother John opened a store on the north bank of the river at the forks.
[17] In 1831 John Miller built a log house near his brother's tavern that he used as a tannery; Chicago's first recorded factory.
[13] Mark Beaubien opened the Eagle Exchange Tavern in a log cabin on the south bank in 1829.
[24] James Kinzie built the Green Tree Tavern at the northeastern corner of Canal and Lake Streets in 1833.
[5] In 1902 plans were made to preserve the building and move it to Garfield Park, however the hotel collapsed before work could start on this project.
[29] When the Illinois and Michigan Canal opened in 1848, the landmass at Wolf Point was decreased by dredging to accommodate a turning basin for ships.
[44][45] In 2007, the Kennedys planned to develop the property with three high-rises and skyscrapers to designs by Argentine-American architect César Pelli.
[50] A joint venture including the AFL-CIO Building Investment Trust and the Kennedy Family[51] completed the 46-story Wolf Point West tower with union construction labor in 2016.
[58] The south bank is being redeveloped as part of Mayor Rahm Emanuel's plans to extend the Chicago Riverwalk, which is located on the south bank of the Chicago River and will extend from Lake Michigan to the intersection of North Wacker Drive and Lake Street.
Currently, the plan will include a three-story retail space, a large park, and an iconic bridge linking Wacker to the Riverwalk path.