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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Plan Commission Approves Affordable Mixed-Use Development At 4715 N Western Avenue In Lincoln Square

The Chicago Plan Commission has approved updated plans for the mixed-use development at 4715 N Western Avenue and details revealed for the new CTA transit plaza in Lincoln Square. Located on the northeast corner with W Leland Avenue, the project received initial funding approval from the Community Development Commission last month including the sale of the city-owned parking lot it will replace. The proposed building is being led by developer The Community Builders who have teamed up with local firm DesignBridge known for working on other affordable projects in Chicago.

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