JUN 14, 2022
Ald. Brian Hopkins (2) has urged his colleagues to support a tax break for the lab building at 2017 N. Mendell St. over the objections of city planning officials. [Baker Development Corporation]
A disputed plan to offer a tax break for a burgeoning pharmaceutical lab overlooking the Chicago River North Branch is set to resurface on Tuesday, six months after it ran into resistance from city planning officials.
The proposed class 6(b) property tax incentive for Baker Development Group to build out tenant renovations at 2017 N. Mendell St. in the 2nd Ward is one of four tax sweeteners due for consideration by the City Council Committee on Economic, Capital and Technology Development during its 1 p.m. meeting on Tuesday.
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