71st/Stony Island TIF

Designation: 1998    Expiration: 2022


At 497 acres, the 71st/Stony TIF district was created to facilitate the assembly, preparation and marketing of various sites for large-scale commercial and limited residential redevelopment projects. Located in portions of the South Shore and Avalon Park communities, the 71st/Stony TIF specifically targets improvements along 67th, 71st and 79th streets, and along Stony Island and South Chicago avenues. Increment from the district is also intended to repair or replace public infrastructure, including sidewalks, curbs, gutters, and underground utility and water systems, and implement beautification projects that improve the pedestrian experience along major commercial corridors. The district was also designated to support the creation of off-street parking areas.

 


Redevelopment Plan (PDF)
Designation Ordinance (PDF)
Annual Report (PDF)
Projection Report (Data Portal)

 

 

71st/Stony Island TIF district, roughly bounded on the north by Marquette Road, 81st Streets on the south, Lake Michigan and Jeffery Boulevard on the east, and the Canadian National/Illinois Central Railway tracks on the west. 

PROJECTS

Montclare Senior Residences Avalon Park

Starbucks

Jeffrey Plaza

 Supporting Information Facts

 I Want To