Committee on Housing and Real Estate
TL;DR
The Housing and Real Estate Committee advanced several significant property-related ordinances involving city-owned land sales, acquisitions, and development projects across multiple Chicago neighborhoods. These actions aim to support urban revitalization, create new housing opportunities, and preserve historic landmarks through strategic property negotiations.
Key Decisions
- Sale of Multiple City Properties to Center Court Development LLC Recommended to Pass
- Property Acquisitions for West Madison Street Revitalization Recommended to Pass
- Amendment of Affordable Housing Eligibility Criteria Recommended to Pass
- Adopt-a-Landmark Grant for Greenstone United Methodist Church Recommended to Pass
- Property Sale Amendment for Rush University Medical Center Recommended to Pass
Agenda
- Attendance
- Approval of March 2023 Rule 45 Report
- 1 Lease agreement with Joyner Real Estate LLC use of office space at 217 E Monroe St, Springfield, Illinois for City legislative staffOrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.
- 2 Amendment of Municipal Code Section 2-44-080 regarding definition of developer's "eligibility criteria" within 2015 Affordable Requirements OrdinanceOrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.
- 3 Negotiated sale including reimbursable remediation expense of City-owned property at 5408 S Dearborn St, 5410 S Dearborn St, 5440 S Dearborn St, 5407 S Federal St, 5419 S Federal St and 5400 S Federal St to Center Court Development LLC for construction of duplexes and townhomesOrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.
- 4 Acquisition of improved or vacant parcels at 3801-3809 W Madison St, 3857-3859 W Madison St, 3851-3855 W Madison St, and 3849 W Madison St for public purposes including revitalization of W Madison StOrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.
- 5 Negotiated acquisition of property at 3407 W Harrison St and 3409 W Harrison St for conservation designation within Midwest Redevelopment Project Area PlanOrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.
- 6 Acquisition of vacant or improved property at 3200 W Lake St, 100 N Kedzie Ave, 107-111 N Kedzie Ave and 3148 W Washington Blvd for implementation of Chicago/Central Park Plan, Kinzie Plan and Midwest PlanOrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.
- 7 Adopt-a-Landmark grant funding agreement with Greenstone United Methodist Church for preservation project at 11211 S St. Lawrence AveOrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.
- 8 Amendment of sale of City-owned property at 301-339 S Damen Ave to Rush University Medical CenterOrdinanceAction: Recommended to Pass
The Ordinance was Recommended to Pass.