Tax Incentive Proposed for North Pullman Industrial Building

A $25 million industrial building would be developed in North Pullman through a Cook County Class 6(b) property tax incentive proposed to City Council today by Mayor Brandon Johnson.

Planned for 10330 S. Woodlawn Ave. by Ryan Cos., the 169,000-square-foot structure would include 32 dock stalls, accessory parking, and office space for up to two tenants that have yet to be identified.

The project would support up to 45 permanent jobs when fully leased.

The site is currently occupied by a vacant recycling facility that would be demolished.

The incentive would reduce taxes on the property by $3.2 million over the 12-year term.

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