Latest News from Chicago City Wire

South Lawndale warehouse proposed for landmark status

By Chicago City Wire | Jul 17, 2024

The former Jackson Storage and Van Co. warehouse in South Lawndale may soon be designated as an official Chicago landmark under a proposal introduced to City Council by Mayor Brandon Johnson.

Chicago Sky acquires players Banham & Jefferson plus future draft picks from Connecticut Sun

By Chicago City Wire | Jul 17, 2024

CHICAGO (July 17, 2024) — The Chicago Sky announced today that the team has acquired Rachel Banham, Moriah Jefferson, a 2025 first-round draft pick, and the rights to swap their 2026 first-round pick from Connecticut in exchange for Marina Mabrey and the Sky’s 2025 second-round draft pick.

Landmark status proposed for Pilsen’s St. Adalbert Parish

By Chicago City Wire | Jul 17, 2024

The former St. Adalbert Parish complex in Pilsen would be designated as an official Chicago landmark under a proposal introduced to City Council today by Mayor Brandon Johnson.

Pilsen TIF amendment proposed to support local businesses

By Chicago City Wire | Jul 17, 2024

The Pilsen Industrial Corridor Tax Increment Financing (TIF) district is set for expansion to provide increased financial support for property owners and small businesses in the Lower West Side. The proposal, introduced to City Council by Mayor Brandon Johnson, aims to extend the TIF district by adding 685 acres to the existing 907-acre area.

City Council approves $2.9 million for Bronzeville housing development

By Chicago City Wire | Jul 17, 2024

Chicago's City Council has approved an ordinance to allocate $2.9 million in Multi-Family Housing Loan funds for the construction of Legends South A3, a new development in the Bronzeville neighborhood. In addition, $10 million in Tax Increment Financing (TIF) has been sanctioned for the project.

Development grant proposed for Plant Chicago's new circular economy headquarters

By Chicago City Wire | Jul 17, 2024

Plant Chicago plans to renovate a former firehouse at 4459 S. Marshfield Ave. into its mixed-use headquarters with the support of an $825,000 Neighborhood Opportunity Fund (NOF) grant proposed to City Council by Mayor Brandon Johnson.

Senior Suites Apartments receive approval for loan modifications across four locations

By Chicago City Wire | Jul 17, 2024

Four Senior Suites Apartments locations received approval to modify their mortgage loans following a vote by Chicago’s City Council. The properties are Senior Suites of Hegewisch, Senior Suites of Jefferson Park, Senior Suites of West Humboldt Park, and Senior Suites of South Shore.

Tax incentive proposed for redeveloped Lake View site

By Chicago City Wire | Jul 17, 2024

HSG Belmont Clark LLC would receive a Cook County Class C property tax incentive to support its recently completed commercial structure in Lake View under a proposal introduced to City Council today by Mayor Brandon Johnson.

Chicago Fire signs David Poreba to short-term agreement

By Chicago City Wire | Jul 17, 2024

Chicago Fire FC announced today the signing of Chicago Fire FC II midfielder David Poreba to a short-term agreement. Poreba will be available for tonight’s MLS regular season road match against FC Cincinnati at TQL Stadium.

City Council approves TIF for Jose de Diego Playground upgrades

By Chicago City Wire | Jul 17, 2024

The playground facilities at Jose de Diego Community Academy in West Town will be improved through $1.4 million in Tax Increment Financing (TIF) assistance approved by City Council today.

Tax incentive proposed for new Ashburn supermarket

By Chicago City Wire | Jul 17, 2024

The developer of Ashburn’s new Pete's Fresh Market store would utilize a Cook County Class 7(d) property tax incentive to help offset construction costs under a proposal introduced to City Council today by Mayor Brandon Johnson.

Chicago Housing Commissioner gains new powers under Mayor Johnson's initiative

By Chicago City Wire | Jul 17, 2024

The Chicago Department of Housing’s (DOH) Commissioner has assumed additional administrative authority following the passage of an ordinance that grants the Commissioner the power to approve the restructuring of certain terms and conditions associated with previously issued City financing for affordable housing developments.

Chicago proposes land sale and TIF funding for new Kells Park fieldhouse

By Chicago City Wire | Jul 17, 2024

The Chicago Park District plans to construct a new fieldhouse in Kells Park through a land transfer and Tax Increment Financing (TIF) assistance proposed to the City Council by Mayor Brandon Johnson. The proposal involves three city parcels totaling 0.54 acres at 714-26 N. Kedzie Ave. in Humboldt Park, which would be sold for $1 per parcel to the Park District.

Ryan Petersen: 'Dozens of motor carriers in the Chicagoland area have been holding loads of cargo hostage'

By Chicago City Wire | Jul 17, 2024

Ryan Petersen, founder of Flexport, commented on a cargo issue in the Chicagoland area, saying it's "insane that this is happening in 2024, or maybe organized crime brazenly operating is just part of life nowadays." He made the statement in a July 12 post on X.