Subsidy Tracker Individual Entry

Company: 
Mercy Hospital and Medical Center
Parent Company: 
Subsidy Source: 
local
Location: 
Illinois
City: 
Chicago
County: 
Cook
Address: 
2525 S Michigan Av
Project Description: 

Located in the Near South Side community area, this project is for the rehabilitation of the main campus hospital building, site preparation for the sale of the eastern portion of the site for residential development, and other costs associated with the acquisition and environmental remediation for hospital parking rehab hospital, site prep, environmental remediation.

Year: 
2018
Subsidy Value: 
$38,000,000
Program Name: 
Chicago: Tax Increment Financing
Awarding Agency: 
Chicago Department of Housing and Economic Development
Type of Subsidy: 
tax increment financing
Capital Investment: 
$263,151,638
Notes: 

Subsidy is issued for 26th/King Drive TIF district. Year is year credit approved. Capital investment is total project cost.

Source Notes: 
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