Chicago City Wire

The Chicago Park District will improve five parks across the city through $19.1 million in Tax Increment Financing (TIF) assistance approved by City Council today.

Kells Park, at 3201 W. Chicago Ave. in Humboldt Park, will receive $16.4 million from the Chicago Central Park TIF District to support the construction of a new fieldhouse on the site of a decommissioned firehouse on the 700 block of North Kedzie Avenue that will be acquired from the City.

Welles Park, at 2333 W. Sunnyside Ave. in Lincoln Square, will receive $400,000 from the Western Avenue North TIF district to support the construction of three pickleball courts, the addition of new benches, and the rehabilitation of an existing sand volleyball court and horseshoe pits.

Union Park, at 1501 W. Randolph St. on the Near West Side, will receive $1 million from the Central West TIF district for pathway, lighting, and playground improvements.

Skinner Park, at 1331 W. Monroe St. on the Near West Side, will receive $900,000 from the Central West TIF district to support improvements to the park’s gardens and playground.

Revere Park, at 2509 W. Irving Park Road in North Center, will receive $400,000 from the Western Avenue South TIF district to support resurfacing four tennis courts.

The City’s TIF program uses new property tax growth within designated districts to support public and private investment within their boundaries.