The City of Chicago is currently in Phase Four: "Gradually Resume." Many City services have adjusted hours or locations and may require health screens prior to entering their physical spaces. Please call ahead or visit any department's website to get additional details, or visit chicago.gov/covid-19.
A proposal introduced today to the Chicago City Council by Mayor Lori E. Lightfoot would extend a Class 8 property tax certification to support the ongoing redevelopment of the former Marshall Field’s warehouse complex in the Avondale neighborhood. The original Class 8 certification was approved in 2015.
Built as a production and distribution plant by the Olson Rug Company in the 1920s, the 1.5 million-square-foot complex was acquired by Marshall Field & Co. in 1965 and was used as a warehouse. Macy’s Inc. acquired the property in its takeover of Field’s in 2005 and closed it in 2008. It was purchased by 4K Diversey Partners LLC in 2014.
Today, the facility includes a grocery store, self-storage facility, home design showroom, office space, and apartments. Approximately 440,000 square feet remains available for lease.
# # #