City Announces Sale Of Over 2,000 Lots Across South And West Sides

The City of Chicago has announced a new consolidated program to sell over 2,000 city-owned lots across various neighborhoods in the south and west sides. Focusing on neighborhoods like Englewood, West Englewood, New City, Garfield Park, North Lawndale, and Austin, the program aims at creating an equitable path for property ownership in areas that have long suffered from widespread disinvestment. Dubbed ChiBlockBuilder, it is being led by the Department of Planning and Development and city commissioner Maurice Cox with the blessing of Mayor Lori Lightfoot.

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City Council Approves Funding to Preserve Grocery Access on West and South Side

On November 18th the Department of Planning and Development announced a recent City Council decision to award funding to neighborhood grocer Yellow Banana LLC. Yellow Banana will be using the funding to aid in acquiring and rehabilitating a total of six supermarkets on the west and south sides of the city. The grocery stores are all Save A Lot supermarkets and have been acquired via $13.5 million in Tax Increment Financing (TIF).

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Initial Funds Approved For mHUB Conversion Of 240 N Ashland Avenue In West Loop

The Chicago Community Development Commission has approved initial funds for the redevelopment of the structure at 240 N Ashland Avenue in the West Loop. Located on the southwest corner with W Fulton Street, the famed clocktower building has sat vacant for a few years and is being proposed to become the new home for local incubator mHUB. The non-profit company themselves is behind the efforts, and while no architect has been revealed for the project, a few renderings have also been revealed.

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