A custom exhibit design firm will expand its operations in the Greater Southwest Industrial Corridor through a property tax incentive approved today by City Council.

The Class 6(b) incentive will support the construction of a $1.9 million, 35,000-square-foot industrial building at 3790 W. 74th St. by The Frank Tivador LP on behalf of EDE Corp., which will use the facility to add new office and production space for the fabrication of trade show displays, museum exhibits, and architectural installations. EDE Corp. is currently located in an adjacent building.

The estimated $254,000 in tax savings over the 12-year incentive period will support the retention of 45 and the creation of 10 new full-time jobs.

The Cook County Class 6(b) incentive encourages industrial development by providing reduced property tax rates for qualifying rehabilitation and construction projects.

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