CHICAGO-The city of Chicago is intending to provide a tax-increment financing amounting $11.3 million to a mixed-use development in Hyde Park. A venture of Antheus Capital LLC, based in Englewood, New Jersey, is planning to use the amount to finance a $114-million development, called City Hyde Park, at 5100 S. Lake Park Ave.
The development will include 182 apartments and 120,000 square feet of retail space. The Chicago Community Development Commission will consider the scheme at its meeting. For the full story, go to Crain's Chicago Business .
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