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Community Development Commission Approves Funding For Next Phase Of Southbridge - Chicago YIMBY

Summary by Chicago YIMBY
The Chicago Community Development Commission has approved TIF funding for a new phase of the Southbridge development at 3 E 23rd Street in the Near South Side. Dubbed Phase 1C, the new tower will rise at the intersection with S State Street. Like the first two phases across the street, it is also being developed by The Community Builders.
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Chicago YIMBY broke the news in on Friday, May 16, 2025.
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