TIF Will Support Development of South Side Arts and Recreation Center

November 5, 2014


The development of the Quad Communities Art & Recreation Center in the Douglas community will be supported through  $4.3 million in Tax Increment Financing (TIF) assistance approved today by City Council.

To be located on the southwest corner of 35th Street and Cottage Grove Avenue in Ellis Park, the 30,000-square-foot facility will include a full-size gymnasium with two basketball courts, an indoor pool, club rooms, a fitness center and studio, meeting hall, and theater performance spaces.

The $17.6 million complex will be developed by the Chicago Park District and The Community Builders Inc. Other funding will include $5.26 million in New Market Tax Credit equity and an $8 million CHA loan.

Approximately 3.5 acres of land for the project is being assembled by the Department of Planning and Development in coordination with the Board of Education and Chicago Park District.

Construction will begin in the fall and be completed by the end of 2015.


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