TIF Will Support North Lawndale Hospital Improvements
A $100 million hospital improvement project by Sinai Health Systems (SHS) will be supported with up to $31 million in Tax Increment Financing (TIF) assistance under a plan approved today by City Council.
The assistance will support the rehabilitation of SHS’s Mt. Sinai Hospital campus at 1500 S. Fairfield Ave. in North Lawndale. Planned to be completed over the next eight years, the improvements will enhance inpatient and outpatient care, increase the capacity of community services, and extend the useful life of the seven-building facility.
Located within the Midwest TIF district, Mt. Sinai operates as a 319-bed teaching, research and tertiary-care center that provides medical, surgical, behavioral health, therapeutic, and diagnostic services to the West Side. Founded in 1919, the hospital is one of only four Level 1 Trauma Center facilities in Chicago.
The TIF assistance will be provided in annual installments over the next nine years based on the completion of specific construction milestones. Planned construction projects include laboratory and radiology department renovations, power system upgrades, replacement of air handing equipment and hot water systems, hospital room upgrades, dialysis facility improvements, and the relocation of surgical intensive care facilities, among other projects.
Mt. Sinai and its affiliated clinics provide care for more than 300,000 individuals per year. The need for Mt. Sinai’s services has grown as other area hospitals have closed or altered services in recent years, including St. Anne’s Hospital, Cabrini Hospital, Sacred Heart Hospital, and Bethany Hospital.
With 4,100 full- and part-time employees, Mt. Sinai is the largest employer in North Lawndale and one of the largest private Medicaid providers in the State of Illinois. Approximately 92 percent of patients are covered only by Medicaid or Medicare, or are uninsured. The facility improvements would create 250 temporary construction jobs.
SHS also consists of Sinai Children’s Hospital, Schwab Rehabilitation Hospital, Sinai Medical Group, Sinai Community Institute, and Sinai Urban Health Institute, and Holy Cross Hospital.
April 30, 2014
New Social Services Complex Approved for North Lawndale
The development of a new state-of-the-art youth social services campus at 3605 W. Fillmore St. in North Lawndale will be supported through $2.5 million in Tax Increment Financing (TIF) approved today by City Council.
The $34.4 million project by Uhlich Children’s Advantage Network (UCAN) will create a seven-acre campus for up to 70 abused and at-risk youth. Designed to provide clinical and counseling services, case management, and a variety of youth development programs, the campus will include a dormitory, classrooms, gymnasium, and offices.
Upon completion,UCAN will move from its current facility in North Center, retaining 216 full-time positions and creating 20 new jobs.
Founded in 1869, UCAN served nearly 14,000 young people and their families in 2013.
An article on the project also appeared in Huffington Post on March 30, 2013.
November 26, 2013
TIF Approved For North Lawndale Athletic Field
Tax Increment Financing (TIF) assistance in the amount of $2 million will reimburse the Chicago Park District for the recently completed construction of a running track and artificial turf field at Douglas Park, 1401 S. Sacramento Ave. in North Lawndale.
Used by students of nearby Collins Academy High School and community residents, the track and field are located in the northwest corner of the 218-acre park, which is named for former U.S. Senator Stephen A. Douglas. The balance of the $2.06 million project was financed by the Park District.