TIF Approved for New Park Fieldhouse in Bronzeville
Three million dollars in Tax Increment Financing (TIF) will partially reimburse the Chicago Park District for the new Williams Park fieldhouse in Bronzeville, under a plan approved today by City Council.
Completed last year, the $9.5 million building at 2820 S. State St. features a reception area, gymnasium and multi-purpose rooms for performances, art, education, exercise classes and community meetings. Exterior amenities include a spray pool, bike racks, landscaping, exterior lighting, sidewalks, and benches.
The balance of the 11,200-square-foot project was financed by the Park District and the Chicago Housing Authority, which maintains its Dearborn Park housing complex adjacent to the site.
The 6.7-acre park is named for Dr. Daniel Hale Williams, a renowned AfricanAmerican surgeon who founded Provident Hospital, the first African-American owned and operated hospital in the United States.
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