The redevelopment of the former Hudson Motor Co. building in on the Near South Side for a mix of uses will be supported by up to $10 million in Tax Increment Financing (TIF) support under a proposal approved by City Council today.

Planned by Hudson Michigan Avenue Owner for the building at 2222 S. Michigan Ave., the $62 million project includes an 18-key hotel, 38 mixed-income residential units that are 20% affordable, and 51,200 square feet of commercial retail space. The project is expected to generate 150 permanent jobs.

Designed by architect Alfred Alschuler and completed in 1923, the Spanish Revival style building was originally built as a showroom for the Hudson Motor Co. It has been vacant for approximately 20 years. Its terra cotta façade is an integral part of Motor Row, which was designated as a Chicago Landmark District in 2000.

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