DPD promotes the comprehensive growth and sustainability of the City and its neighborhoods
79th Street Corridor TIF
Designation: 1998 Expiration: 2034
Encompassing portions of the West Englewood, Englewood and Auburn-Gresham communities, the 79th Street Corridor TIF is primarily commercial with some residential uses throughout and light industrial uses along its northern border. Its main arterial, 79th Street, is lined with 1920s retail and mixed-use properties, many of which are underutilized due to competition from nearby shopping malls. The goals of the TIF include the concentration of the corridor's commercial uses at main intersections and the replacement of select buildings and vacant lots for non-retail uses. Additionally, the TIF promotes commercial uses on Ashland Avenue and a mix of uses on Halsted Street and Racine Avenue. Increment from the 226-acre district are also available to enhance educational facilities and provide resources for infrastructure work.