Chicago SunTimes — $32 Million

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August 5th, 2014

Chicago SunTimes — $32 Million

Mayor Daley Introduces Ordinances Supporting Affordable Housing And Economic Development – “Also introduced was an ordinance authorizing the approval of Class 6(b) incentives to help rehabilitate vacant property in the South Shore community. Ujamaa Construction, Inc. plans to rehabilitate the 14,000 square foot building at 7742-48 S. Stony Island Ave. into warehouse and office space in the City’s 5th Ward. They will use the Class 6(b) incentive to rehabilitate the existing building, providing interior improvements and energy efficient lighting and other sustainable upgrades, including a green roof. The $676,000 facelift will allow the company to expand its operations with added office space for employees and for construction equipment and machinery. The rehabilitation will create 10 full-time and 20 part-time construction jobs.”