JAN 22, 2021
Aldermen on Thursday approved a $9.8 million tax abatement for a warehouse in the 12th Ward.
Aldermen approved a $9.8 million tax incentive for an already-built and occupied warehouse in Back of the Yards over the vocal objections of one alderman.
Members of the City Council Committee on Economic, Capital and Technology Development voted to approve the request from Michael Tadin Jr. of Marina Crossing Owner LLC for a class 6(b) property tax incentive for the 633,000-square-foot industrial warehouse and distribution center at 2075 W. 43rd St. In the 12th Ward.
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