Department of Planning and Development Banner
Supporting Information Facts
City Services

Lakefront TIF

Designation: 2002    Expiration: 2026


The Lakefront TIF district is characterized by a pair of public buildings, a public park and vacant land that was occupied by three public housing high-rises until 1998. Located entirely with the Oakland community, the 31-acre district was designated to foster the development of high-quality, mixed-income housing units and related public right-of-way improvements. New residential development is intended to provide mixed-density structures that include units for market rate, affordable, low- and very-low income households, and for-sale units at market rate and affordable prices. Funds are targeted for site assembly efforts, infrastructure improvements, open space enhancements, off-street parking, and efforts that encourage safe and convenient transportation routes and access. Additional funds are intended to support job training and day care services within the district.

 

Redevelopment Plan (PDF)
Designation Ordinance (PDF)
Annual Report (PDF)
10-Year Status Report (PDF)
Projection Report (Data Portal)

 

 

    Lakefront TIF district, roughly bounded on the north by Oakwood Boulevard, 43rd Street on the south, the Canadian National/Illinois Central Railway tracks on the east, and Lake Park Avenue on the west.

PROJECTS

Lake Park Crescent