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MegadealsSubsidy Tracker Individual Entry
Company: mHUB
Parent Company:
Subsidy Source: local
Location: Illinois
City: Chicago
County: Cook
Address: 240 N Ashland Av
Project Description: mHUB is the premier nonprofit incubator for hardtech manufacturing in Chicago. Its mission is to promote growth in hardtech and manufacturing through a community of product designers, developers, entrepreneurs, engineers and manufacturers taking breakthrough products to market. The Developer is proposing to redevelop the property located at 240 N Ashland Ave into approximately 80,000 sf of lab, office and meeting space, relocating from 965 W Chicago Ave.
Year: 2023
Subsidy Value: $17,650,000
Program Name: Chicago: Tax Increment Financing
Awarding Agency: Chicago Department of Planning and Development
Type of Subsidy: tax increment financing
Capital Investment: $45,303,941
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.