After taking office, my office prioritized all 47th Ward TIF spending for public schools, parks, and infrastructure. And here are the results of reprioritizing TIF funds for public projects.
- Lake View High School $2 million for STEM Program
- Coonley Elementary $16.5 million for new addition
- McPherson Elementary $400k for new outdoor campus –paired with #GROW47 dollars
- Kerry Wood Cubs Field $1.25 million
- Chappell School $1.5 million for ADA improvements
- Amundsen High School $500k for renovations
- Lane Tech High School $4 million for renovations
- Kerry Wood Cubs Field $1.25 million for first IHSA baseball stadium on north side (total $6 million project)
- Clark Park $3.5 million for soccer field, site remediation, etc.
- Clark Park Boat House $1.25 million
- Welles Park $1.33 million for new playground, locker rooms, bathrooms, roof & tennis court surfacing
- Revere Park Field House $200k for new roof
- Lawrence Avenue Streetscape $13 million for #ANewLawrence
- Sulzer Regional Library $5 million for renovations
- Divvy stations $100k
- Green Alley Construction $227k
And finally, my office used TIF funds for one private development: Ravenswood Station. This $32 million development created nearly 1k jobs (retail and construction). The project will generate over $1 million in new property taxes and about $800k in new sales tax revenue for the City. Most importantly, this development helped to jump-start further investment on Lawrence Avenue and brought a grocery store to an area of the 47th ward where a grocery store was not within walking distance.
- Ravenswood Station $4.5 million for improvements to site, utilities and streetscape