Articles About Community Development Commission

Author:
Mike Ochs
Posted:
06.01.2010

New City Neighborhood Could Rise on Site of U.S. Steel South Works

The long-abandoned United States Steel South Works on Chicago’s South Side moved closer to undergoing transformation to a mixed-use development when the Community Development Commission unanimously approved a $96 million tax-increment financing (TIF) district to fund the project’s initial phase. The Chicago City Council still must approve the TIF district, which would give the green […]

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Author:
Matt Ward
Posted:
04.14.2009

Chicago Pours a Tall One to Secure MillerCoors Deal

To sweeten the pot after luring brewing giant MillerCoors LLC to the Windy City, the City of Chicago has agreed to create a $6 million tax-increment financing deal for the firm’s new corporate headquarters at 250 South Wacker Drive.  Even with a budget shortfall nudging $500 million, the City is kicking in significant funds to bring […]

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