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Chicago's Lincoln Yards Development Takes Another Step Forward with Approval of Financing for Public Improvements

Despite Widespread Opposition, Commission Votes 10-0 in Favor of Special Taxing District
The Chicago Community Development Commission voted 10-1 in favor of a massive tax-increment financing district that would include the 55-acre plan for Sterling Bay's Lincoln Yards development. Image: Sterling Bay
The Chicago Community Development Commission voted 10-1 in favor of a massive tax-increment financing district that would include the 55-acre plan for Sterling Bay's Lincoln Yards development. Image: Sterling Bay
By Jennifer Waters
CoStar News
February 20, 2019 | 10:35 AM

The Chicago Community Development Commission sanctioned a special taxing district for Sterling Bay’s $6 billion Lincoln Yards proposal, a sweeping mixed-use development at the North Branch of the Chicago River.

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News | Chicago's Lincoln Yards Development Takes Another Step Forward with Approval of Financing for Public Improvements