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Chicago aldermen OK $2.4M in tax subsidies for developers of Lincoln Yards, ‘The 78’

Chicago aldermen OK $2.4M in tax subsidies for developers of Lincoln Yards, ‘The 78’

Associated Press

April 10, 2019

The Chicago City Council has approved $2.4 billion in tax subsidies for two major developments after Mayor-elect Lori Lightfoot said she would drop her opposition. Aldermen voted Wednesday morning on the packages. An earlier vote was delayed when Lightfoot said she wanted to review the tax packages....

Mayor Emanuel to delay vote on $2B tax deals for developers of Lincoln Yards, ‘The 78’

Mayor Emanuel to delay vote on $2B tax deals for developers of Lincoln Yards, ‘The 78’

Associated Press

April 8, 2019

Chicago Mayor Rahm Emanuel has agreed at the request of incoming mayor Lori Lightfoot to delay votes on tax packages worth about $2 billion for a pair of development projects. “In our first meeting, as well as in subsequent conversations, I made it very clear to the mayor-elect that I would not...

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Lincoln Yards