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MegadealsSubsidy Tracker Individual Entry
Company: American Blues Theater, NFP
Parent Company:
Subsidy Source: local
Location: Illinois
City: Chicago
County: Cook
Address: 5627 N Lincoln Av
Project Description: The Developer is proposing to redevelop a former Dollar General store in to an approximately 18,000 sq. ft. theater to be used by the American Blues Theater. This will primarily result in the construction and development of two separate theaters, including a 148-seat proscenium and a 40-seat studio space. Additional components will also result in the construction of back-of-the-house operations space, including dressing rooms and production for equipment and costumes; office space for the organization; a bar and concessions sales; restrooms; and a box office. Taken in whole, those improvements constitute the redevelopment project.
Year: 2023
Subsidy Value: $2,500,000
Program Name: Chicago: Tax Increment Financing
Awarding Agency: Chicago Department of Planning and Development
Type of Subsidy: tax increment financing
Capital Investment: $6,893,522
Source of Data:
(click here)
Notes: Subsidy value is approved amount. Investment data is total projected project cost. Year is year credit approved.
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