TIF Will Finance Red Cross Blood Center on Near West Side

November 15, 2012


The American Red Cross will reconfigure its Illinois Medical District headquarters for expanded blood distribution and collection purposes through a Tax Increment Financing (TIF) measure approved today by City Council.

TIF assistance in the amount of $500,000 will help the Red Cross reconfigure its 58,800-square-foot facility at 2200 W. Harrison St. for modern blood processing, refrigeration and distribution activities.

The $12.1 million project will retain 64 Red Cross employees and create four new permanent jobs.

The Red Cross currently collects, stores and distributes blood within a leased space on the Near West Side.


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