Department of Planning and Development Banner

Devon/Sheridan TIF

Designation: 2004    Expiration: 2028


The Devon/Sheridan TIF is characterized by a mix of business and mixed-use structures along portions of Devon Avenue, Sheridan Road and Broadway in the Edgewater and Rogers Park communities. It was established to encourage a mix of new commercial, institutional and residential development through the assembly, preparation, and marketing of vacant and under-utilized sites. The 70-acre district is also intended to facilitate development, redevelopment and rehabilitation projects that enhance historically and architecturally significant buildings in the area. Other priorities include the support of retail projects that contribute to the diversity and vitality of the neighborhood, the creation of pedestrian friendly amenities, and transportation improvements. The TIF has or will utilize a minimum of $21.4 million in public dollars to attract a minimum of $66.6 million in private investment.

 

Redevelopment Plan (PDF)
RDP Amendment #1
Designation Ordinance (PDF)
Annual Report (PDF)
Projection Report (Data Portal)

 

Devon/Sheridan TIF district, roughly bounded on the north by Farwell Avenue, Rosemont Avenue on the south, Sheridan Road and the Lakefront on the east, and Clark Street on the west.

PROJECTS

1401 Devon UG2

Loyola University

PORTING