Results tagged “wilsonyardproject”

Saying the Fix Wilson Yard community group waited too long to file, Judge Mary Rochford dismissed their lawsuit against the City of Chicago challenging the TIF that financed the Wilson Yard project. The ordinance for the TIF passed in 2001 but the group didn't file suit until December 2008, a period of time that was far too long, according to Judge Rochford. The controversial Wilson Yard project set aside $52 million for the development of commercial spaces, such as a Target store, and mixed-income housing. But the swelling cost as well as the shift in focus from commercial spaces to residential spaces is the impetus behind the Fix Wilson Yard group's ire.