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Tax Increment Financing (TIF) Funded RDA and IGA Projects

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Tax Increment Financing (TIF) Funded RDA and IGA Projects Tax Increment Financing (TIF) Funded RDA and IGA Projects ID TIF DISTRICT 11044 63rd/Ashland 13400 Roosevelt/Clark 1524 Central Loop 1266 West Grand 500448 Woodlawn 1677 47th/Halsted 502020 Midwest 1273 Roosevelt/Homan Page 1 of 522 09/27/2021 Tax Increment Financing (TIF) Funded RDA and IGA Projects PROJECT NAME ADDRESS IGA - CBE - Lindblom Academy additional 6100 S Winchester Av The 78 Infrastructure 1200 S Clark St Oriental Theater 32 W Randolph St Petsmart - W Grand 6601 W Grand Av Harris Park 6200 S Drexel Av IGA - CPD - Park 1025 - Taylor Lauridsen - II 647 W Root St Sinai Tomorrow 1500 S California Av Theatre - ICE Plitt - Roosevelt Homan 3330 W Grenshaw St Page 2 of 522 09/27/2021 Tax Increment Financing (TIF) Funded RDA and IGA Projects DEVELOPER Chicago Public Schools Roosevelt/Clark Partners, LLC Livent Realty (Chicago) Inc. Pet Smart Inc. Chicago Park District Chicago Park District SCI Plitt/ICE Lawndale, L.L.C. Page 3 of 522 09/27/2021 Tax Increment Financing (TIF) Funded RDA and IGA Projects PROJECT DESCRIPTION Lindblom Academy Parking Lot, Additional Funding Construction of public infrastructure that will address long standing needs and facilitate a new 13,000,000 square foot mixed use development. Located in the Loop, the project includes the redevelopment of the existing Oriental Theater. The renovations include the 2,180 seat theater with rehearsal hall and related theater facilities, 7,000 square retail of retail space, and historic rehabilitation of Oliver Building facade. Located in Montclare community area, the project includes demolishing an existing building and construction of a 26,000 square feet commercial/retail facility. The Park District is requesting $2,000,851 from the Woodlawn TIF for HVAC replacement and energy savings to the Harris Park fieldhouse. The new heating and cooling systems will be integrated into the Park District-s web-based building automated system, and is part of the District-s district wide $20M energy savings program. An intergovernmental agreement between the City of Chicago and the Chicago Park District Located at the intersection of California and Ogden Avenues, Mt. Sinai is the largest employer in the North Lawndale neighborhood.The proposed Sinai Tomorrow Project is an approximately $100 million investment in Sinai's facilities that will result in enhancements to in- patient and outpatient care, increased capacity to deliver health care services to the community, and the extension of the useful life of Sinai's physical facilities. The Sinai Tomorrow project includes relocation and expansion of select service lines and functions within existing buildings, all of such relocation and expansions being consistent with current health care and related uses. Sinai Health System and its affiliated organizations will continue to be the end user of all facilties included in the Sinai Tomorrow project. The project consists of multiple components that are phased and sequenced, in part to allow for health care operations to continue, including initial components that have recently been completed or are currently underway. The last project components are projected to be completed by 2019. Located in North Lawndale community area, the project constructed a 40,000 square foot movie theater. Page 4 of 522 09/27/2021 Tax Increment Financing (TIF) Funded RDA and IGA Projects CDC DATE COC DATE APPROVED AMOUNT 08/05/2014 1600000 02/05/2019 551200000 01/29/1996 18399077 05/14/1996 800000 01/17/2013 1000425 04/13/2011 150000 06/10/2014 31000000 10/08/1996 3335611 Page 5 of 522 09/27/2021 Tax Increment Financing (TIF) Funded RDA and IGA Projects TIF SUBSIDY TOTAL PROJECT COST AFFORDABLE UNITS PERCENTAGE 2100000 76.19 561300000 98.2 33399077 55.09 4359000 18.35 2000850 50 150000 100 100000000 31 10353000 32.22 Page 6 of 522 09/27/2021 Tax Increment Financing (TIF) Funded RDA and IGA Projects COMMUNITY WARD X COORDINATE Y COORDINATE AREA 1164364.22794486 1864173.166471642 25 Near South Side 1175663.975424733 1895012.585911064 42 1176018.468054693 1901322.457890203 36 20 42 - Woodlawn 1183033.207828521 1864056.325682762 1172477.470772767 1877338.138295887 28 North Lawndale 24 Page 7 of 522 09/27/2021 Tax Increment Financing (TIF) Funded RDA and IGA Projects LATITUDE LONGITUDE LOCATION 41.782905776 -87.672934077 (41.78290577596, -87.6729340773917) 41.867286165 -87.630580968 (41.867286165270755, -87.63058096773683) 41.884592863 -87.629089521 (41.88459286291501, -87.62908952144605) 41.782171303 -87.6044919 (41.782171303083885, -87.60449189994588) 41.818856987 -87.642800683 (41.81885698749905, -87.64280068275616) Page 8 of 522 09/27/2021 Tax Increment Financing (TIF) Funded RDA and IGA Projects Historical Boundaries - Community Zip Codes Census Tracts Wards Wards 2003- ZIP Codes Areas 2015 23 65 22257 275 2 44 35 34 21194 330 26 48 42 38 14309 92 36 22 60 9 22260 470 4 53 37 59 14924 123 48 26 Page 9 of 522 09/27/2021 Tax Increment Financing (TIF) Funded RDA and IGA Projects 1403 Ryan Garfield 1606 Englewood Neighborhood 1672 Central West 1335 35th/Halsted 13402 Pulaski Corridor 1299 Kinzie Industrial Corridor 1041 Western/Rock Island 1260 Chatham Ridge 12561 Stony Island Commercial/Burnside Industrial 11803 47th/Halsted 12314 Pilsen Industrial Corridor Page 10 of522 09/27/2021 Tax Increment Financing (TIF) Funded RDA and IGA Projects 55th Dan Ryan Shopping Center 5300 S Wentworth Av IGA - CBE - Holmes - ES 955 W Garfield Bv IGA - CPD - Park 0210 - Union 1501 W Randolph St Trippe Manufacturing 1111 W 35th Pl IGA - CPD - Kosciusko Park 2732 N Avers Av Nanoink 1337 W Randolph St Home Run Inn 10900 S Western Av IGA - CBE - Simeon - HS 8235 S Vincennes Av Imani Village Advocate Medical Center 901 E 95th St IGA - CBE - Hope 5515 S Lowe Av IGA-BOE-Perez Playground Improvements 1421 W 19th St Page 11 of522 09/27/2021 Tax Increment Financing (TIF) Funded RDA and IGA Projects Ryan Center Ltd. Partnership Chicago Public Schools Chicago Park District Trippe Manufacturing Co., Inc. Chicago Park District Nanoink, Inc. CP MOK Properties, LLC. Chicago Public Schools Trinity 95th and Cottage Grove Planned Community Development, Series LLC Chicago Public Schools Chicago Public Schools Page 12 of522 09/27/2021 Tax Increment Financing (TIF) Funded RDA and IGA Projects Located in Fuller Park community area, the project includes the construction of a 95,000 square foot multi-tenant shopping center. The project will include 451 parking spaces, seven out lots, and up to four additional out lots. INTERGOVERNMENTAL AGREEMENT BETWEEN THE CITY OF CHICAGO, BY AND THROUGH ITS DEPARTMENT OF HOUSING AND ECONOMIC DEVELOPMENT, AND THE BOARD OF EDUCATION OF THE CrTY OF CHICAGO REGARDING OLIVER WENDELL HOLMES ELEMENTARY An intergovernmental agreement between the City of Chicago and the Chicago Park District Located in Bridgeport, the project includes demolition of an existing structure and construction of a 920,000 square foot new/rehabilitated structure to be used for manufacturing, distribution, and office facilities. The Chicago Park District will use the TIF funds for capital improvement projects. The project includes rehabilitation of a 46,400 square foot laboratory, the mechanical engineering, and office building. Located in Morgan Park, the project includes the construction of a 4,500 square foot commercial facility with approximately 20 parking spaces that be leased out to Home Run Inn Pizza. The project will create 35 permanent jobs (10 full-time and 25 part-time) and approximately 50 temporary construction jobs. An intergovernmental agreement between the City of Chicago and Chicago Board of Education. Trinity 95th and Cottage Grove Planned Community Development, LLC is undertaking Trinity Advocate Medical Center, a newly constructed addition and partial renovation of a 60,559 SF building. The Class B commercial space will house a 13,000 SF Advocate Medical Center as well as other smaller tenants. The office building will be part of a larger Planned Development, which will contain housing, retail and commercial space. Trinity already owns the land. This project will be the first phase of the Imani Village development, which will serve as a catalyst for the Pullman community. Located in the Englewood community area, the project includes funds for the planing design and construction of new playground at John Hope College Prep. Perez Elementary School is located in the Pilsen Community Area. TIF financing will be used for the installation of new playground equipment, installation of basketball equipment and court surfacing, new rubberized safety surface and an artificial turf field, fencing improvements and site accessibility improvements. Page 13 of522 09/27/2021 Tax Increment Financing (TIF) Funded RDA and IGA Projects 09/02/1987 3755000 02/07/2012 3270000 11/16/2011 700000 02/24/1997 1600000 01/23/2019 1850000 08/13/2002 1000000 08/09/2011 05/12/2016 350000 03/01/2003 16000000 11/14/2017 981022 03/16/2016 287000 05/24/2017 800000 Page 14 of522 09/27/2021 Tax Increment Financing (TIF) Funded RDA and IGA Projects 8455000 44.41 3427074 95.42 700000 100 8399000 19.05 1850000 100 5940753 16.83 1556995 22.48 45840048 34.9 7641022 12.84 287000 100 800000 100 Page 15 of522 09/27/2021 Tax Increment Financing (TIF) Funded RDA and IGA Projects 3 16 1170648.336088636 1868177.890625542 27 1166435.073827519 1901288.930360344 11 26,31 Logan Square 1150207.15187304 1918045.043460688 27 1167507.74238905 1901068.099940096 19 Morgan Park 1162292.764405723 1832249.722835735 21 1174618.127228039 1850184.560278475 8 Pullman 1183924.997499472
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