A interior renovation project is officially underway at 8035 South Dobson Avenue in Chatham, aimed at revitalizing an existing three-and-a-half-story masonry building that houses three dwelling units. The project, which has a budget of $250,000, plans to bring modern updates and essential repairs to the residential property at the address.
A demolition permit was issued to remove a two-story frame building located at 7946 S Parnell Avenue in the Chatham neighborhood. Very few details have emerged as to any plans for future development. KLF Enterprises will be serving as the demolition contractor for the building.
A new temporary community plaza is coming to Chatham. As reported by Block Club Chicago, the neighborhood addition could be completed as soon as summer 2022. The site which will span 8,500 square feet is to be located at the corner of E 79th Street and State Street and will honor legendary Gospel singer Mahalia Jackson who was a longtime Chatham resident. Mahalia Jackson is remembered as a vibrant pillar of the community and as one of the most influential figures in Gospel music.
The Chicago City Council has approved the financing for multiple small-improvement projects of various Chicago Park District properties across the city. A majority of the funds will come from various Tax Increment Financing districts, which are often supported by fees from developers. Many city parks are dealing with aging facilities while handling the demand for open space over the last two years. The investments will affect eight city parks, with six of the smaller projects being as follows:
The Chicago City Council has approved tax incentives for four redevelopment projects across the city including Uptown, Humboldt Park, Chatham, and New City. All but one of the developments are new with the other being an extension of an existing credit, the incentive is as follows; commercial developments will be taxed at 10 percent for the first 10 years, 15 percent for the 11th year, and 20 percent for the 12th year before rising to the standard 25 percent thereafter. The two classes in this round of approvals are 6(b) due to new construction and 7(a) for redevelopment under $2 million.