Initial Funds Approval Granted For New TimeLine Theater In Uptown

7:30 am on May 13, 2022 By Ian Achong

Initial Tax Increment Financing (TIF) approval has been granted for the new location of the TimeLine Theater Company at 5033 N Broadway in Uptown. Located just north of the intersection with W Argyle Street, near the CTA Red Line Argyle station which is undergoing renovation, the new arts center will utilize the bones of an existing five-story building while erecting a new facade. The theater itself is developing its new home which received City Council approval late last year and has been owned by the company since 2018, TimeLine is working with local architecture firm HGA on the design that borrows elements from the current structure.

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Residential Development Proposed For 12 W Maple Street In Gold Coast

7:45 am on May 12, 2022 By Ian Achong

Updated plans were presented to the Committee on Design for a residential development at 12 W Maple Street in the Gold Coast neighborhood. Located just west of the intersection with N State Street and on the same block of the upcoming 1130 N State Street tower, the project looks to bring designer residences to the area. New developers Fern Hill, who is behind the upcoming Old Town redevelopment, and Calmwater Capital are working with architecture firm Lamar Johnson Collaborative on the design of the updated tower.

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DANK Haus in Lincoln Square Pursues TIF Funding for Renovations

7:00 am on May 12, 2022 By Bee Ricketts

DANK Haus German American Cultural Center took the first steps on Tuesday toward securing $1.5 million in city funding for its accessibility goals. The nonprofit, which was founded in 1959, has been located at 4740 N Western Avenue in Lincoln Square since 1967. The building itself dates back to the 1920s and has had little updating since the original build. DANK Haus is hoping to utilize Tax Increment Financing (TIF) funds to begin a $2.3 million renovation that would include the building’s bathrooms as well as its front entrance. According to executive director Monica Jirak, these renovations would be completed in order to meet American Disability Act standards, as well as to upgrade the building’s aging plumbing. The city’s approval of the initial proposal on Tuesday was the first step in the process to procure TIF funding.

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