News Formal

Chicago Plan Commission approves Fulton Market apartment tower

  • 📰 chicagotribune
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 91%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

The project could serve as a model for future Fulton Market developments

The Chicago Plan Commission on Thursday greenlighted a 400-unit residential tower in Fulton Market.

“If you can pull surplus out of the TIF to balance the budget, you can pull surplus out of the TIF to build affordable housing,” Burnett said.

Developers now have 16 apartment buildings with about 4,700 units under construction downtown and set to deliver over the next 18 months, Integra found. That pace could slow, as high interest rates have made it more costly to finance development.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chicago's longest running farmers market makes its return to Daley PlazaThe calendar said summer is over but Chicago’s farmers markets are kicking off fall, with fall colors, vegetables and other market favorites.
Source: fox32news - 🏆 547. / 51 Read more »