Department of Planning and Development Banner
Supporting Information Facts

Department:

City Services

53rd Street TIF

Designation: 2001    Expiration: 2025

Encompassing similar portions of the Hyde Park and Kenwood communities, the 53rd Street TIF district was created to re-establish a cohesive and vibrant mixed-use district that provides a comprehensive range of goods and services to the surrounding residential community. It is also intended to accommodate new residential and institutional uses where appropriate. Other priorities include streetscaping and landscaping along 53rd Street and Lake Park Avenue, new off-street parking facilities, and projects that provide job training and day care for local businesses. The 84-acre district also supports the rehabilitation of existing structures and the expansion of public open space in the area.

 

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

 

 

53rd Street TIF district, roughly bounded on the north by 49th Street, 55th Street on the south, Lake Park Avenue on the east, and Woodlawn Avenue on the west. 

PROJECTS

Hyatt Place Chicago at Hyde Park

Harper Court

Canter Middle School