Potter Palmer (May 20, 1826 - May 4, 1902) was an American businessman and architect.

In the late 1860s, Potter Palmer embarked on efforts to raise the profile and prestige of State Street.

The buyout, however, did not bring an end to Potter Palmer's association with the firm.

Potter Palmer led a procession of millionaires north to new mansions on the Gold Coast.

Silsbee designed the lavish interiors of Potter Palmer's "castle" in Chicago.

When Potter Palmer died in the mansion in 1902, he left his wife with a fortune of $8,000,000.

The project was never put into action, and the property was sold to Potter Palmer's son in 1933 for $2,000,000, the amount of the building's mortgage.

Potter Palmer dictated in his will that a sum of money should go to whoever next married Bertha.

In 1882, millionaire Potter Palmer moved to the area from the Prairie Avenue neighborhood on the city's south side.

The park is named for Potter Palmer, a successful businessman and real estate investor concerned with the development of Chicago.