Committee on Economic, Capital and Technology Development, July 9, 2026
Votes on Resolution supporting Taiwan trade and tourism office (held), unanimous
What happened
The Committee on Economic, Capital and Technology Development recommended approval of a Class L tax incentive for the landmark Art Deco building at 2 North Riverside Plaza, a ~$70 million rehabilitation by Blue Star Properties (~$28 million total tax abatement over 12 years, $6.3…
- Jurisdiction
- Chicago, IL
- Governing body
- Advisory (makes a recommendation)
- Date
- July 9, 2026
- Decisions
- 5 zoning decisions
- Outcome
- Deferred, unanimous
Free sample: decision 1 of 5
SSA appointments and reappointments (Items 1-13)
Committee recommended do-pass approval of appointments/reappointments to various Special Service Areas including Megan Radosevich (SSA 27), Jeffrey Heider (SSA 23), Emil C. Mahler (SSA 4), Valerie Goodloe and Audrey Andrea Brookens (SSA 69), Nicholas Yassin (SSAs 21, 60, 79), Jason C. Careff (SSA 79, changed to reappointment via substitute), Christopher Murphy (SSA 14), Stefani Roddy (SSA 54), Rick Perez (SSA 25), and Yolanda Manuel (SSA 32). Voice vote.
The other decisions are listed below by title. The full write-up, verbatim conditions, and the audio at each vote are in Pro.
Meeting Summary
The Committee on Economic, Capital and Technology Development recommended approval of a Class L tax incentive for the landmark Art Deco building at 2 North Riverside Plaza, a ~$70 million rehabilitation by Blue Star Properties (~$28 million total tax abatement over 12 years, $6.3…
Key Decisions (5)
SSA appointments and reappointments (Items 1-13)
SSA 21-2016 Lincoln Square budget amendment
Class L tax incentive for 2 North Riverside Plaza
Resolution on revoking unfulfilled tax incentives (held)
Resolution supporting Taiwan trade and tourism office (held)
Development Activity (1)
2 North Riverside Plaza landmark rehabilitation
Commercial
Market Signals (4)
Commercial Demand
The former Chicago Daily News building at 2 North Riverside…
Sentiment
The city continues to use Class L historic tax incentives…
Infrastructure
SSA budgets are being strained by Cook County delays in…
Commercial Demand
Taiwan trade officials signaled interest in routing supply-chain investment (AI,…
Who Spoke (20)
On the record: 2 staff members, the clerk, the applicant, and 9 members of the public.
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