Mayor Brandon Johnson and World Business Chicago are in London to promote Chicago as a prime location for international business growth, focusing on fintech, insurtech, climate, and healthcare sectors. The visit aims to strengthen ties with investors by highlighting Chicago's diverse workforce and strong global connectivity.
Gregg Berhalter has been appointed as the Director of Football and Head Coach for the Chicago Fire. In an open letter to fans, Berhalter expressed his excitement about taking on this new role and emphasized his commitment to building a competitive team that reflects the dedication of its supporters.
A trio of public open spaces in Grand Boulevard, Englewood, and North Lawndale will continue to operate for another three years. This extension comes after the City Council approved formal leases today as part of the Department of Planning and Development's Public Outdoor Plaza (POP!) program.
The Chicago City Council has introduced and approved several measures, impacting various sectors within the city. These measures include support for residential conversions, funding for housing projects, and rehabilitation of properties.
City land dispositions will now follow an expedited sales process, a change approved by the City Council today. The procedural improvements were identified by Mayor Brandon Johnson’s Cut the Tape initiative. These changes aim to streamline neighborhood revitalization efforts involving nearly 10,000 parcels of vacant land owned by the City.
A new property tax rebate program has been introduced to the City Council by Mayor Brandon Johnson. The initiative aims to support the Illinois Quantum and Microelectronics Park (IQMP) in South Chicago. The Cook County Class 8 MICRO incentive will designate approximately 480 acres of the former U.S. Steel site at 8080 S. DuSable Lake Shore Dr. as eligible for reduced tax rates, specifically lowering them from 25 percent to 10 percent over a span of 30 years.
An East Garfield Park workforce development organization is set to receive $3.71 million in Tax Increment Financing (TIF) assistance for its planned headquarters rehabilitation project at 3410 W. Lake St. This proposal was introduced to the City Council by Mayor Brandon Johnson.
Happy Polish American Heritage Month! This October, communities are encouraged to explore the contributions of Polish Americans. From their culinary delights and artistic endeavors to significant accomplishments, Polish Americans have played a vital role in enriching society. Observers are invited to delve into Polish history, culture, and traditions during this celebratory month.
The Mars candy factory in Austin, designed in the Spanish Revival style, has been officially designated as a Chicago landmark by the City Council. The factory is located at 2019 N. Oak Park Ave. It features clay tile roofs, arched windows, and balconets that give it an appearance more akin to a country club than a traditional factory. This design allowed the complex to blend seamlessly with nearby residential areas when it opened in 1929.
TimeLine Theatre's upcoming $40 million venue in Uptown will receive financial backing through Tax Increment Financing (TIF) approved by the City Council. The TIF support could reach up to $14 million.
The City Council has approved $28 million in Tax Increment Financing (TIF) to support the conversion of seven floors at 79 W. Monroe St. from office space into 117 mixed-income residential units. The project, undertaken by Brown Derby LLC, is valued at $64.2 million and will offer 35% of its 41 units as affordable housing for households earning an average of 60% of the area median income.
BandWith Chicago, a nonprofit organization focused on youth performing arts and wellness advocacy, is set to establish a $12.3 million permanent headquarters in East Garfield Park. This development comes with financial backing from the City of Chicago, as approved by the City Council.
A new garden and public space is being proposed for the Lower West Side. The plan, announced by Mayor Brandon Johnson, involves a $455,000 allocation from the Open Space Impact Fee (OSIF). This proposal was presented to the City Council for consideration.
Chicago Fire FC's Brian Gutiérrez and Chris Brady have been recognized in the 2024 22 Under 22 list presented by BODYARMOR, as announced by the League. This marks the second consecutive year both players have made it onto this annual list, with Gutiérrez ranked fourth and Brady thirteenth.
Four industrial projects on Chicago's West Side have been granted property tax incentives, totaling over $13 million in savings, following approval by the City Council. The incentives aim to boost development and job creation in the area.
Three public schools in North Lawndale are set to receive a total of $10 million in Tax Increment Financing (TIF) for facility upgrades. This funding was approved by the City Council.
A proposal for a $980,000 arts and cultural center in Austin has been put forward by Mayor Brandon Johnson. The initiative seeks to transform a vacant building into the Outwest Gallery and Cafe, utilizing a $663,000 grant from the Neighborhood Opportunity Fund. The project aims to create a 2,500-square-foot community space at 5249 W. Chicago Ave., featuring local art displays and offering healthy food through a pay-what-you-can model.
Improvement projects at two Chicago Public Schools (CPS) facilities are set to receive over $5 million in city assistance. Mayor Brandon Johnson introduced proposals to the City Council to support these initiatives.