Ravenswood TIF

Designation: 2005    Expiration: 2029


Located in portions of the Lake View, North Center, Uptown and Lincoln Square communities, the Ravenswood Corridor TIF is characterized by older industrial properties along Chicago & Northwestern Railroad tracks and institutional and commercial structures on the site of the former Ravenswood Hospital. The 78-acre area is intended to retain existing companies and attract new high-tech and light industrial employers. Funds are targeted to assist rehabilitation projects and new development projects, also public works upgrades, infrastructure investments, and environmental remediation projects where necessary. Funds are also allocated to support the redevelopment of the hospital campus to meet mixed-density, mixed-income housing needs while continuing to provide employment opportunities within the district.

 

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

 

Ravenswood TIF district, roughly bounded on the north by Lawrence Avenue, Irving Park Road on the south, Hermitage Avenue on the east, and Damen Avenue on the west.

PROJECTS

Ravenswood Station

 Supporting Information Facts

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