87th/Cottage Grove TIF

Designation: 2002    Expiration: 2026


The cross-shaped 87th/Cottage Grove TIF district includes portions of 87th Street and Cottage Grove Boulevard within the Chatham and Greater Grand Crossing communities. Its purpose is to encourage the economic wellbeing of the both communities by providing resources for the development and rehabilitation of commercial, residential and mixed-use properties, especially where Cottage Grove intersects with 71st 75th, 79th, 87, and 95th streets. Funds from the 224-acre district are targeted for site assembly and preparation work, streetscaping, and other infrastructure projects. The district's numerous historic properties are also eligible for improvement funds through the TIF.

 

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

 

 

87th/Cottage Grove TIF district, roughly bounded on the north by 71st Street, 95th Street on the south, the Canadian National/Illinois Central Railway tracks on the east, and Dr. Martin Luther King Jr. Drive on the west. 

PROJECTS

Whitney Young Library

 

Supporting Information Facts