Skip to content
The Nexus
DossierENTITY

tax-increment financing

Coverage of tax-increment financing in the Nexus archive.

Earliest in view: Jun 9 · 21:07 UTCMost recent: Jun 9 · 21:07 UTC
Co-mentioned in this coverage
Foundry Parkplace1JDL Developmentorganization1Kayne Anderson Real Estateorganization1Lincoln Yardstopic1Chicago Riverplace1North Sideplace1
Recent coverage
  • BUSINESSJun 9 · 21:07 UTCCHICAGO SUN-TIMES
    City panel backs $201.6 million TIF subsidy for Foundry Park

    A city agency approved a $201.6 million tax-increment financing (TIF) subsidy for Foundry Park, a $3 billion development on 31 vacant acres along Chicago's North Side. The project, led by JDL Development and Kayne Anderson Real Estate, aims to create over 3,000 homes, 20% of which will be affordable, and 6 acres of open space, including a riverwalk. The subsidy contrasts with the failed Lincoln Yards project, which collapsed due to financial pressures.