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MegadealsSubsidy Tracker Individual Entry
Company: BR Congress Owner, LLC
Parent Company:
Subsidy Source: local
Location: Illinois
City: Chicago
County: Cook
Address: 2135 N Milwaukee Av
Project Description: The Developer intends to restore the Congress Theater as a state-of-the art live music venue to be operated by AEG Live, renovate theater offices and the retail/restaurant storefronts along Rockwell and Milwaukee Avenues, build out office and meeting space for nonprofits and community groups in the Rockwell Ave building, and develop 20 residential units (including 14 affordable) in the Milwaukee Ave building.
Year: 2022
Subsidy Value: $20,000,000
Program Name: Chicago: Tax Increment Financing
Awarding Agency: Chicago Department of Planning and Development
Type of Subsidy: tax increment financing
Capital Investment: $70,409,315
Source of Data:
(click here)
Notes: Subsidy value is approved amount. Investment data is total projected project cost. Year is year credit approved.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.