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LaSalle/Central TIF

Designation: 2006    Expiration: 2030


Located within the Loop and Near West Side community areas, the LaSalle/Central TIF is characterized by older commercial buildings and mixed-use structures, many possessing excess vacancies due to ongoing economic and geographic shifts involving central business district office properties. The TIF was designated to provide resources for their rehabilitation for current and new uses, especially projects that involve the district's numerous historic structures. Additional goals include high-quality retail development, improvements to the Chicago River seawall, new and improved open spaces, enhanced transit stations and public right-of-ways, and improvements to streets and alleys. Funds are also targeted for land assembly projects, public works improvements, job training, day care, and efforts that improve traffic and pedestrian circulation throughout the 49-block district and its environs.

 

Redevelopment Plan (PDF)
Designation Ordinance (PDF)
Annual Report (PDF)
Projection Report (Data Portal)

 

LaSalle/Central TIF district map, roughly bounded on the north by the Chicago River, Van Buren Street on the south, State Street on the east, and Canal Street on the west.

PROJECTS

 

Ziegler Co.

United Airlines

MillerCoors

Lyric Opera House

Chicago Mercantile Exchange

Accretive Health

NAVTEQ

444 W. Lake St.

JMC Steel

DeVry Online Operations

Hillshire Brands