An 11,600-square-foot former office building would be donated to the City and repurposed as a new West Loop branch library under a proposal introduced today to City Council today by Mayor Rahm Emanuel, building on the City’s efforts to provide residents in every neighborhood access to high quality, modern library facilities.
Under the plan the Sterling Bay Cos. will donate the two-story structure at 118-22 N. Aberdeen St. and work with the Chicago Public Library (CPL) to design and build the new library facility. The branch will feature adult and children’s materials, meeting and computer rooms on the first level and CPL’s regional offices on the second floor.
The proposed $2.3 million project would be supported with $976,000 in Neighborhood Opportunity Bonus fund assistance and private donations. The project is expected to be completed in 2019, and will join the City’s other libraries in providing free after-school tutoring and homework assistance for school-age children.
The Neighborhood Opportunity Bonus provides increased height and density allowances for downtown construction projects in exchange for voluntary developer payments. Ten percent of bonus contributions are allocated to support improvements within one mile of the development site, 80 percent is allocated for grants in underserved commercial corridors on the West, Southwest and South sides, and the remainder is allocated to support for designated City landmarks.
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