TIF Assistance Proposed for Redevelopment of North Lawndale Industrial Building

A vacant, five-story building in North Lawndale would be redeveloped for commercial uses through up to $10 million in Tax Increment Financing (TIF) assistance proposed to City Council today by Mayor Brandon Johnson.

The $40.5 million project by Steans Family Foundation would renovate the approximately 100-yearold building at 4100 W. Fillmore St. and rename it the Fillmore Center. Tenants are expected to include a commercial laundry, a coffee roaster, and a wholesale flower distributor, among other businesses.

The 168,000-square-foot project is expected to create 175 full-time jobs when fully occupied.

The City's TIF program uses new property tax growth within designated districts to support public
and private investment within their boundaries.

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