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MegadealsSubsidy Tracker Individual Entry
Company: Hudson Michigan Avenue LLC
Parent Company:
Subsidy Source: local
Location: Illinois
City: Chicago
County: Cook
Address: 2222 S Michigan Av
Project Description: Developer is proposing to renovate this historically significant building into approximately 38 residential units, 20 percent of which will be affordable, and approximately 51,200 square feet of commercial retail use. The commercial retail use is anticipated to include a speakeasy, a restaurant, event space, 18 boutique hotel rooms, fitness space and a rooftop pool and bar.
Year: 2023
Subsidy Value: $10,000,000
Program Name: Chicago: Tax Increment Financing
Awarding Agency: Chicago Department of Planning and Development
Type of Subsidy: tax increment financing
Capital Investment: $62,094,318
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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inventory page for an updated link.