The largest project so far in the LaSalle Street Reimagined program inched closer to reality Tuesday when the Community Development Commission recommended that City Council green light it. That would unlock $98 million in tax increment financing funds for redevelopment of the landmark Field Building, a 44-story tower at 135 S.

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BING NEWS:
  • City commission approves $98 million in TIF funds for massive LaSalle Street renovation
    The largest project so far in the LaSalle Street Reimagined program inched closer to reality Tuesday when the Community Development Commission recommended that City Council green light it. That would ...
    11/12/2024 - 1:29 pm | View Link
  • City panel OKs $98 million LaSalle Street TIF subsidy
    The fifth and largest planned office-to-apartments conversion in the Loop born out of a downtown revitalization program is one step closer to getting a big assist from city taxpayers.
    11/12/2024 - 7:31 am | View Link
  • Another office-to-resi conversion lifting off with $98M TIF
    The proposed TIF funds, which would cover 40 percent of the project’s $241 million cost, are part of the LaSalle Street Reimagined program ... If approved by the Chicago Community Development ...
    11/8/2024 - 7:42 am | View Link
  • City weighing whether to award $40M in TIF, forgivable loan funds for Simon-led hotel, entertainment project
    The $312 million project calls for a 170-room Shinola Hotel, a 4,000-seat live performance venue operated by Live Nation, an enclosed parking garage and a skybridge connecting to Gainbridge Fieldhouse ...
    11/8/2024 - 5:00 am | View Link
  • Missoula Redevelopment Agency sends $5.3M in TIF to city, county, schools, bus system
    There were no TIF funds taken out of the Riverfront Triangle Urban Renewal District because the city is actively working with a developer there.
    11/7/2024 - 8:00 am | View Link
  • More

 

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