The City Council Finance Committee on Monday advanced a $10.7 million-plan for cleaning up a largely-vacant corner in Englewood that is the proposed site for a new Whole Foods.
Aldermen approved an ordinance that will take money from two special property taxing, or tax increment financing, districts and put it toward clearing debris and prepping 63rd Street and Halsted Avenue for the Whole Foods. The money goes directly to Chicago Neighborhood Initiatives, a nonprofit developer that partnered with the city on other blockbuster projects like a Wal-Mart in Pullman.