Also, $1.5 million in enterprise zone facility revenue bonds will help Northern Greenhouses, Inc., establish a landscaping business at 1756 and 1800 W. Lake St. The properties include a one-story, 11,600-sf building constructed in 1997 while the other includes a two-story, 23,200-sf structure built in 1927, according to property records.

The 550 W. Jackson Blvd. notes were part of a redevelopment deal struck between the city and Mark Goodman & Associates, which is redeveloping 407,000 sf of space for information technology and related companies, according to an ordinance expected to be passed this month by the city council. The Food and Drug Administration is among the tenants for the 18-story building.

The three-story, 20,000-sf building on a half-acre site at 571 W. Polk St. will be owned and developed by Cushing & Co. and C Flat LLC. Tenants of the building will include Color Chicago, Inc.; Paragraphs Design, LLC; and Martin Stuart Decal, Ltd. The latter two companies already have space in the 80-year-old building, according to an ordinance expected to be passed by the city council later this month.

The bond issue is expected to pay most of the costs of redeveloping 571 W. Polk St., according to the city. No other city subsidies are expected to be provided, according to the ordinance.