DPD promotes the comprehensive growth and sustainability of the City and its neighborhoods
83rd/Stewart TIF
Designation: 2004 Expiration: 2028
The 83rd/Stewart TIF is district is intended to stimulate private investment on a comprehensive and planned basis to ensure that new development is coordinated to maximize land use, pedestrian access, vehicular circulation, and parking. Approximately half of the 103-acre district includes a 60-year-old steel processing facility occupied by Ryerson Tull prior to its closing in 2002. Located within the Chatham community, the TIF is intended to help assemble and prepare the complex and other sites into viable development locations that support a mix of commercial and residential uses. The TIF specifically targets residential projects around West Chatham Park, large-format and specialty stores along 83rd Street, and industrial and residential uses where appropriate.