CHICAGO-The city of Chicago is intending to provide atax-increment financing amounting $11.3 million to a mixed-usedevelopment in Hyde Park. A venture of Antheus Capital LLC, basedin Englewood, New Jersey, is planning to use the amount to financea $114-million development, called City Hyde Park, at 5100 S. LakePark Ave.
The development will include 182 apartments and 120,000 squarefeet of retail space. The Chicago Community Development Commissionwill consider the scheme at its meeting. For the fullstory, go to Crain's Chicago Business.
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