|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)