47th/King TIF

Designation: 2002    Expiration: 2026


The 47th/King TIF district was created to promote owner-occupied residential development on non-arterial streets and mixed-use development on the district's main thoroughfares, especially 39th, 41st and 51st streets. In helping to recapture the Grand Boulevard community's storied past as a center of African-American culture, the TIF is also intended to leverage private investment in a proposed "Blues District" along a portion of 47th Street. An abundance of vacant lots in the area offer numerous opportunities for site assembly assistance through the TIF. In addition to new construction, the 570-acre district is also intended to support the rehabilitation of existing structures and an expansion of public open space in the area.

 

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

 

 

47th/King TIF district, roughly bounded on the north by Pershing Road, 51st Street on the south, St. Lawrence Avenue on the east, and State Street on the west. 

PROJECTS

 

Paul G. Stewart Apts. Phase III Tower

Buckthorn Park

Harold Washington Cultural Center

 Legends South Phase C-3

Educare Family and Training Center

Cuisine of the Diaspora

Bronzeville Artists Lofts

Rosenwald Apartments

Supporting Information Facts