Chicago taxpayers are poised to chip in $98 million to help turn part of a distressed LaSalle Street office tower into 386 apartments, a grocer and a mix of other uses, a subsidy Mayor Brandon Johnson hopes will fast-forward the Loop's recovery from the COVID-19 pandemic.
Massive LaSalle Street redevelopment set for $98 million TIF subsidy
By
Danny Ecker
Credit: CoStar Group
135 S. LaSalle St.
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By
Danny Ecker
Mixed-income Lincoln Park apartment tower trades for $55M
One of Chicago's most affluent neighborhoods will retain some affordable housing with an investor's acquisition and renewal of a Section 8 contract.
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