Subsidy Tracker Individual Entry

Company: 
Harlem Irving Co. & JDL Development Corp.
Parent Company: 
Subsidy Source: 
local
Location: 
Illinois
City: 
Chicago
Address: 
4400 N Clarendon Av
Project Description: 

Located in the Uptown community area, the project will redevelop the currently vacant Columbus-Maryville site. The portion of the property on the west side of North Clarendon Avenue will be redeveloped with a 26-story mixed-use building with 381 residential units, including 20 affordable units, and a grocery store of approximately 30,511 square feet at the building's base along with 278 enclosed parking spaces. The property on the east side of North Clarendon Avenue will include a new 1-story building, consisting of approximately 5,900 square feet of retail space with 11 exterior parking spaces.

Year: 
2016
Subsidy Value: 
$15,880,000
Program Name: 
Chicago: Tax Increment Financing
Awarding Agency: 
Chicago Department of Housing and Economic Development
Type of Subsidy: 
tax increment financing
Capital Investment: 
$125,044,198
Notes: 

Subsidy is issued for Montrose/ Clarendon TIF district. Year is year credit approved. Capital investment is total project cost.

Source Notes: 
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