Roosevelt/Cicero TIF

 

Designation: 1998    Expiration:2021
The 531-acre Roosevelt/Cicero TIF district is characterized by industrial buildings and vacant industrial land within the Roosevelt/Cicero Industrial Corridor. The TIF was created to support existing employers and to facilitate the redevelopment of abandoned and underutilized properties that have long served the North Lawndale community with industrial employment. The district is intended to facilitate the assembly and preparation of vacant land, to provide rehabilitation assistance, to help remove unnecessary streets and alleys, and provide infrastructure appropriate for business viability. Other public works goals include assorted roadway improvements that facilitate the movement of trucks and other vehicles, access and security improvements that enable local businesses to operate effectively, and utility upgrades. Job training and relocation costs are also supported by the TIF.

 

Redevelopment Plan (PDF)
Designation Ordinance (PDF)
Annual Report (PDF)
Projection Report (Data Portal)

PROJECTS

Central City Studios

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s