# Redevelopment agreement with Roosevelt/Clark Partners LLC to provide tax increment financing (TIF) assistance for development of parking facility related to The 78 project

- Record number: **SO2026-0026275**
- Type: Ordinance; category: Agreements
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: Committee on Finance
- Introduced: Jun 17, 2026
- Final action: Jul 15, 2026
- Official record: [Office of the City Clerk](https://chicityclerkelms.chicago.gov/Matter/?matterId=B13303F7-636A-F111-A823-001DD8019941)

## Roll call: Passed Jul 15, 2026

**44 yea, 5 nay.** This was a divided vote. On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed. Voted at the [City Council meeting of Jul 15, 2026](https://www.chicagopolitics.org/meeting/DF5C52EA-0D6B-F111-A823-001DD8019941).

**Nay (4)**: [Daniel La Spata](https://www.chicagopolitics.org/ward/1) (1), [Brian Hopkins](https://www.chicagopolitics.org/ward/2) (2), [William Conway](https://www.chicagopolitics.org/ward/34) (34), [Brendan Reilly](https://www.chicagopolitics.org/ward/42) (42)

**Yea (42)**: [Pat Dowell](https://www.chicagopolitics.org/ward/3) (3), [Lamont J. Robinson](https://www.chicagopolitics.org/ward/4) (4), [Desmon C. Yancy](https://www.chicagopolitics.org/ward/5) (5), [William E. Hall](https://www.chicagopolitics.org/ward/6) (6), [Gregory I. Mitchell](https://www.chicagopolitics.org/ward/7) (7), [Michelle A. Harris](https://www.chicagopolitics.org/ward/8) (8), [Anthony Beale](https://www.chicagopolitics.org/ward/9) (9), [Peter Chico](https://www.chicagopolitics.org/ward/10) (10), [Nicole T. Lee](https://www.chicagopolitics.org/ward/11) (11), [Julia M. Ramirez](https://www.chicagopolitics.org/ward/12) (12), [Marty Quinn](https://www.chicagopolitics.org/ward/13) (13), [Raymond A. Lopez](https://www.chicagopolitics.org/ward/15) (15), [Stephanie D. Coleman](https://www.chicagopolitics.org/ward/16) (16), [David H. Moore](https://www.chicagopolitics.org/ward/17) (17), [Derrick G. Curtis](https://www.chicagopolitics.org/ward/18) (18), [Matthew J. O'Shea](https://www.chicagopolitics.org/ward/19) (19), [Jeanette B. Taylor](https://www.chicagopolitics.org/ward/20) (20), [Ronnie L. Mosley](https://www.chicagopolitics.org/ward/21) (21), [Michael D. Rodriguez](https://www.chicagopolitics.org/ward/22) (22), [Silvana Tabares](https://www.chicagopolitics.org/ward/23) (23), [Monique L. Scott](https://www.chicagopolitics.org/ward/24) (24), [Jessica L. Fuentes](https://www.chicagopolitics.org/ward/26) (26), [Walter R. Burnett](https://www.chicagopolitics.org/ward/27) (27), [Jason C. Ervin](https://www.chicagopolitics.org/ward/28) (28), [Chris Taliaferro](https://www.chicagopolitics.org/ward/29) (29), [Ruth Cruz](https://www.chicagopolitics.org/ward/30) (30), [Felix Cardona Jr.](https://www.chicagopolitics.org/ward/31) (31), [Scott Waguespack](https://www.chicagopolitics.org/ward/32) (32), [Anthony J. Quezada](https://www.chicagopolitics.org/ward/35) (35), [Gilbert Villegas](https://www.chicagopolitics.org/ward/36) (36), [Emma Mitts](https://www.chicagopolitics.org/ward/37) (37), [Nicholas Sposato](https://www.chicagopolitics.org/ward/38) (38), [Samantha Nugent](https://www.chicagopolitics.org/ward/39) (39), [Andre Vasquez Jr.](https://www.chicagopolitics.org/ward/40) (40), [Anthony V. Napolitano](https://www.chicagopolitics.org/ward/41) (41), [Timothy R. Knudsen](https://www.chicagopolitics.org/ward/43) (43), [James M. Gardiner](https://www.chicagopolitics.org/ward/45) (45), [Angela Clay](https://www.chicagopolitics.org/ward/46) (46), [Matthew J. Martin](https://www.chicagopolitics.org/ward/47) (47), [Leni Manaa-Hoppenworth](https://www.chicagopolitics.org/ward/48) (48), [Maria E. Hadden](https://www.chicagopolitics.org/ward/49) (49), [Debra L. Silverstein](https://www.chicagopolitics.org/ward/50) (50)

**Not voting (1)**: [Bennett R. Lawson](https://www.chicagopolitics.org/ward/44) (44)

Former members who voted: Jeylu B. Gutierrez (Yea), Byron Sigcho-Lopez (Nay), Rossana Rodriguez Sanchez (Yea)

## Plain-language summary

> Written by AI (@cf/openai/gpt-oss-120b) from the ordinance text only: [SO2026-0026275 Substitute Ordinance.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/38dd9e4e-db49-48fc-9857-e28a591a0ad9.pdf). AI can make mistakes; the official document always wins.

The City Council approved a redevelopment plan that lets Roosevelt/Clark Partners build a two-story parking garage with about 1,220 spaces near the new stadium and The 78 project. After it is built, the City will own the garage for $1 and use future tax revenue to pay for the construction and related consulting work.

- The ordinance creates a tax-increment financing (TIF) plan for the Roosevelt/Clark Redevelopment Area to fund a new parking facility.
- The developer will construct a two-story garage with roughly 1,220 spaces, a rooftop plaza, and pedestrian access to the stadium.
- When construction is finished, the developer will transfer the parking parcel to the City for a $1 fee, giving the City ownership and revenue rights.
- The City can spend up to $243,757,472 in incremental taxes on eligible project costs and up to $350,000 on consulting services.
- The project includes additional improvements like river-wall work, street extensions, and public open space.

**Money**

- $243,757,472 – payment to the developer for eligible redevelopment project costs.
- $350,000 – payment to Walker Consultants for construction-management and consulting services.
- $1.00 – fee paid by the developer to the City for the transfer of the parking parcel.

**Who**: The City, local residents, visitors to the stadium, and the developer will be affected, with the City receiving ownership and revenue from the parking facility.

**Where**: Roosevelt/Clark Redevelopment Area, west of Clark Street, south of Roosevelt Road, east of the Chicago River, north of 18th Street, adjacent to the Chicago Fire Stadium.

## Timeline

- Jun 17, 2026: Referred, City Council
- Jul 13, 2026: Substituted
- Jul 13, 2026: Recommended to Pass, Committee on Finance
- Jul 15, 2026: Passed, City Council

## Documents

- [O2026-0026275 Ex B RDA with subex A thru F, G-1, G-2, H and I.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/f3c06c4b-caf9-4c5c-92df-34e37e70f0b7.pdf) (Exhibits)
- [O2026-0026275 Mayoral Letter.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/2ddef166-633a-44db-b210-e4902a4d1af3.pdf) (Miscellaneous)
- [O2026-0026275 Ordinance.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/46734271-0ccd-4744-9e01-b3e4562aa6b2.pdf) (Legislation)
- [O2026-0026275 Ex A Site Plan.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/672ab9da-83a9-41fb-b1b1-9a705fabb019.pdf) (Exhibits)
- [SO2026-0026275 Substitute Ex B RDA with subex A thru F, G-1, G-2, H and I.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/47f880e1-5c78-4d4b-9502-20006d11f9ff.pdf) (Exhibits)
- [SO2026-0026275 Substitute Ordinance.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/38dd9e4e-db49-48fc-9857-e28a591a0ad9.pdf) (Legislation)
- [SO2026-0026275 Substitute Ex A Site Plan.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/2f06c1ca-a20d-4cae-abf4-d499d0871227.pdf) (Exhibits)
- [O2026-0026275 EDS\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/91676754-3f28-49a6-afb4-5961021a7959.pdf) (EDS)
- [SO2026-0026275 Committee Letter.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/d9663888-2566-4ab7-b05b-14ef3c90c0a7.pdf) (Committee Letter)

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Source: https://www.chicagopolitics.org/matter/B13303F7-636A-F111-A823-001DD8019941 · Chicago Politics, an independent, nonpartisan tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt