TIF Approved for Uptown Youth Circus Arts Organization
Mayor's Press Office 312.744.3334
The youth development circus arts organization CircEsteem will receive $5M in Tax Increment Financing (TIF) support to convert Uptown’s former Lakeside Theater into its permanent headquarters under a proposal approved by City Council today.
CircEsteem's plans for the 14,000-square-foot building at 4730 N. Sheridan Road include restoration of its historic terra cotta facade, reconfiguration of the lobby, and the build-out of office, training, and performance spaces.
The project is expected to create 20 permanent full-time jobs and 15 part-time positions. It will enable the organization to increase its programming from 18 hours a week to a minimum of 40 hours a week.
CircEsteem works to unite youth across all backgrounds and identities by fostering self-esteem and mutual respect through the practice and performance of circus arts.
CircEsteem was selected to receive City support through the Department of Planning and Development’s Community Development Grant program.