BUSINESSJun 10 · 00:01 UTCBLOCK CLUB CHICAGOQuinn Myers

Foundry Park In Line For $200 Million In Public Funding At Former Lincoln Yards Site

Foundry Park, a mixed-use development in the former Lincoln Yards site, may receive $202 million in public funding through tax increment financing for infrastructure like roads and parks. JDL Development and Kayne Anderson Real Estate will negotiate a redevelopment agreement, with the project focusing on housing, retail, and reduced office space compared to the original plan.

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Mentioned

Foundry ParkplaceJDL DevelopmentorganizationKayne Anderson Real EstateorganizationDepartment of Planning and DevelopmentorganizationLincoln Yardsplacetax increment financingtopicChicago RiverplaceSouthport Avenueplace

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