Land Sale, TIF Funding Approved for Kells Park Fieldhouse
Department of Planning and Development 312.744.9267
The Chicago Park District will construct a new fieldhouse in Kells Park through a land transfer and Tax Increment Financing (TIF) assistance approved by City Council today.
Consisting of three City parcels totaling .54 acres at 714-26 N. Kedzie Ave. in Humboldt Park, the land will be sold for $1 per parcel to the Park District. Up to $16.4 million in TIF for eligible construction costs will be made available from the Chicago/Central Park TIF district.
A former fire station on one of the parcels will be razed to accommodate the new structure, which is expected to include a gym, meeting rooms and restrooms.
The project is expected to be completed by the end of 2026.
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