The City Council Committee on Housing and Real Estate on Wednesday approved the city's acquisition of three properties in the Grand Boulevard community that are envisioned to be the site of a future mixed-used development.
Chicago’s Community Development Commission has approved an extension of the lifespan of the Michigan/Cermak Tax Increment Financing Redevelopment Project Area.
The commission at its Tuesday meeting passed an amendment to the redevelopment plan for the area that adds 12 years to the life of the TIF, extending it to 35 years. Tricia Marino Ruffolo of the Department of Housing and Economic Development said the Michigan/Cermak TIF was designated in September 1989 to rehabilitate key structures that were in critical condition. The TIF was originally set to expire on December 31, 2013.
The Commission on Chicago Landmarks on Thursday approved a preliminary landmark recommendation for a former Lincoln Park school.
Built in 1889 and located at 1855 N. Sheffield Ave., the former James Mulligan Public School building is a three-story brick and limestone structure, according to a report from Chicago’s Department of Housing and Economic Development. The building includes large, patterned windows and ornate metal detailing.
