City Council - 2026-07-15
Votes on Amended TIF redevelopment agreement for residential project at 135 South LaSalle
What happened
The Chicago City Council approved two redevelopment agreements providing approximately $424 million in TIF assistance for The 78 project in the 3rd Ward (Roosevelt Clark Partners LLC / Related Midwest / Chicago Fire): item 9 (~$174 million infrastructure RDA) passed 47-1 and item…
- Jurisdiction
- Chicago, IL
- Governing body
- Final authority
- Date
- July 15, 2026
- Decisions
- 30 zoning decisions
- Outcome
- Voted
Meeting Summary
The Chicago City Council approved two redevelopment agreements providing approximately $424 million in TIF assistance for The 78 project in the 3rd Ward (Roosevelt Clark Partners LLC / Related Midwest / Chicago Fire): item 9 (~$174 million infrastructure RDA) passed 47-1 and item…
Key Decisions (30)
Grant agreement for Thomas Hughes Children's Library at 400 South State Street
Financial assistance for Levy House Apartments at 1221 West Sherwin Avenue
TIF redevelopment agreement for senior housing at 3201 East 91st Street
Amended TIF redevelopment agreement for residential project at 135 South LaSalle
O'Hare senior lien revenue and refunding bonds series 2026
Development Activity (13)
The 78
Mixed-Use
K Entrepreneur Hub
Commercial
Villa Guadalupe senior housing facility
Residential
Heritage Woods Senior Living Facility
Residential
Market Signals (6)
Housing Demand
Multiple public commenters reported rapid rent increases (one landlord raising…
Commercial Demand
Hospitality union speakers noted The 78 development's redevelopment agreements set…
Infrastructure
The 78 approvals consume nearly all Canal Congress TIF funds…
Who Spoke (33)
On the record: the mayor, 22 councilmembers, and the clerk.
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