Land Sale, TIF Funding Would Support New Fieldhouse at Kells Park

July 17, 2024

312.744.9267

The Chicago Park District would construct a new fieldhouse in Kells Park through a land transfer and Tax Increment Financing (TIF) assistance proposed to City Council today by Mayor Brandon Johnson.

Consisting of three City parcels totaling .54 acres at 714-26 N. Kedzie Ave. in Humboldt Park, the land would be sold for $1 per parcel to the Park District. Up to $16.4 million in TIF for eligible construction costs would be made available from the Chicago/Central Park TIF district.

A former fire station on one of the parcels would 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.

News Release Facts