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A proposed allocation of $455,000 from the Open Space Impact Fee aims to create a new garden and public space on the Lower West Side of Chicago, as announced by Mayor Brandon Johnson. The half-acre site at 947 W. Cullerton St. is set to feature a play area, dog run, landscaping, and public art, enhancing community recreational opportunities.
A proposal for $3.71 million in Tax Increment Financing (TIF) has been introduced by Mayor Brandon Johnson to support the rehabilitation of a construction training center in East Garfield Park. Revolution Workshop plans to transform its 14,700-square-foot facility at 3410 W. Lake St. into a modern workforce development hub with enhanced learning spaces and upgraded systems.
The City of Chicago has introduced a new property tax rebate program aimed at supporting the Illinois Quantum and Microelectronics Park (IQMP) in South Chicago. This initiative, presented by Mayor Brandon Johnson, proposes to reduce the tax rate on properties used for quantum computing, significantly lowering it from 25% to 10% for a duration of 30 years.
The City of Chicago has approved $28 million in Tax Increment Financing (TIF) to support the conversion of seven floors at 79 W. Monroe St. from office space to 117 mixed-income residential units. This project, led by Brown Derby LLC, aims to provide affordable housing, with 35% of the units priced for households earning 60% of the area median income, amidst ongoing trends of office-to-residential conversions in urban areas.
The City of Chicago has approved $5 million in Tax Increment Financing (TIF) to assist BandWith Chicago in establishing a $12.3 million permanent headquarters in East Garfield Park. This new facility will enhance the community by providing free performing arts programs, including spaces for music, dance, and sound engineering. The initiative is expected to significantly benefit local youth and promote cultural engagement in the area.
The Chicago Department of Public Health (CDPH) is urging residents to stay updated on vaccinations as respiratory virus season approaches. In a recent news conference, officials emphasized the importance of getting both the updated COVID-19 vaccine and the annual flu shot to protect against circulating strains and ensure community health through the winter months.
Four industrial projects on Chicago's West Side have been approved for property tax incentives, saving over $13 million in taxes through Cook County. The City Council's decision aims to bolster local development and attract businesses to the area, enhancing economic growth.
The City of Chicago has approved an expedited process for land sales and acquisitions, aimed at revitalizing neighborhoods with nearly 10,000 parcels of vacant land. This initiative, inspired by Mayor Brandon Johnson’s Cut the Tape campaign, eliminates the previous requirement for omnibus approval from the Chicago Plan Commission. The changes are expected to streamline the city's approach to land disposals and facilitate urban development.
The City Council has officially designated the Mars Candy Factory in Austin as a landmark, highlighting its Spanish Revival architectural style. The factory, built in 1929, features distinctive clay tile roofs and arched windows, resembling a country club more than a factory, and it has played a significant role in the development of the surrounding neighborhood.
A proposed Neighborhood Opportunity Fund grant of $980,000 aims to establish an arts and cultural center in Austin, Chicago, with the Outwest Gallery and Cafe leading the initiative. The project will repurpose a vacant building into a community space that promotes local artists and offers a pay-what-you-can food model. Additional funding will support local hiring and training initiatives.