Property tax incentives approved today by City Council will support five industrial, commercial and retail development projects throughout the City.

CH Distillery, 1629 S. Clinton St.
A Class 6(b) property tax incentive will enable the construction of a new 22,000-square-foot distillery building on a vacant site on the Lower West Side that once housed the former Schoenhofen Brewery bottling plant. The $14 million, 2.6-acre project by CH Distillery will include silos for the storage of grain and a new expanded production facility for the maker of specialty spirits. Up to 20 permanent and 20 temporary jobs are anticipated to be created at the new facility. Total tax savings are estimated at $471,000 over the 12-year period. CH Distillery will continue to operate its current retail shop, tasting room and distillery on the Near West Side.

“Business expansions like this create good neighborhood jobs,” said Alderman Daniel Solis. “This project is one more sign of the progress we are making in Chicago and I look forward to cutting the ribbon to open this new facility.”

Gold Standard Baking Inc., 3700 S. Kedzie Ave.
A Class 6(b) tax incentive will support the $26 million expansion of an existing baking and production warehouse in Brighton Park. The 28,000-square-foot project by Gold Standard Baking Inc. will upgrade an existing 146,000-square-foot facility and feature a new automated production line to improve operational efficiency and office space. The proposal will reduce taxes on the property by $219,000 over the next 12 years and enable the 30-year-old company to add 99 positions to its 400-member workforce. Based in Chicago, Gold Standard makes a range of fresh and frozen baked goods sold through grocery retailers, foodservice distributors and restaurant chains throughout North America.

2415 W. 21st St. LLC, 2415 W. 21st St.
A Class 6(b) incentive will support the $4.2 million acquisition and renovation of a 30,000-square-foot facility on the Lower West Side by 2415 W. 21st St. LLC. The proposal will enable the owners to make upgrades, including the addition of a new roof, electrical systems, lighting, paint production line and robotic welding station for two related manufacturers of folding steel gates and wire mesh partitions. The building will be occupied by Illinois Engineered Products and Acorn Wire & Iron Works, which will relocate from a nearby facility while retaining 40 jobs and adding 12 new positions at the new location. Tax savings over the next 12 years are estimated at $336,770.

“Manufacturing has been at the center of Chicago’s economy for generations, and thanks to projects like this it will remain there for generations to come,” said Alderman Jason Ervin. “The project will also create good manufacturing jobs on the West Side of Chicago.”

Halsted Lumber Street LLC, 833 W. 22nd Place
A Class 6(b) tax incentive will support the construction of a 31,000-square-foot refrigerated warehouse in the Pilsen Industrial Corridor by Halsted-Lumber Street LLC on behalf of Truong Enterprises, which specializes in the distribution of Asian meats, seafood, fruits and vegetables. The $7 million project, completed last spring, includes a new freezer, four coolers eight shipping docks that are adjacent to an existing company building. The estimated $428,000 in tax savings over the 12-year incentive period will support the retention of 62 jobs and the addition of nine new positions.

“The Pilsen Industrial Corridor is a key part of Chicago’s industrial past and future, and projects like this help us ensure it remains vibrant,” Alderman Daniel Solis said. “This company is also a part of Chicago’s incredible diversity and I look forward to continuing to work with them and help them grow and create jobs for years to come.”

KBT Trust, 4000 S. Racine Ave.
The renewal of a Class 6(b) tax incentive on behalf of Edsal Manufacturing Co. in the Stockyards Industrial Corridor will help the company retain 75 jobs. The incentive will reduce taxes on the property by an estimated $1 million over the 12-year renewal period. The original Class 6(b) incentive supported the purchase and renovation of a 140,000-square-foot building used to manufacture commercial grade steel shelving, storage units and industrial furniture.

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