Ciere Boatright commissioner of the Chicago Department of Planning and Development (DPD) | City of Chicago Website
Ciere Boatright commissioner of the Chicago Department of Planning and Development (DPD) | City of Chicago Website
Lakeshore Recycling Systems LLC’s recently completed $53.5 million recycling facility in New City was approved by the City Council today for a Cook County Class C property tax incentive. The 139,496-square-foot complex at 4121 S. Packers Ave. was completed in March 2023 following $1 million in environmental remediation work. The facility employs more than 700 full- and part-time workers.
The incentive will reduce taxes on the property by $3.4 million over the 12-year incentive term. The Cook County Class C property tax incentive is intended to facilitate commercial and industrial investment in properties that have substantial environmental contamination.
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