Support of Class 6(b) tax incentive for property at 1951 W Hastings St (Metro Edge)
- Record number: O2026-0025296
- Type: Ordinance; category: Tax Incentives
- Status: In Committee
- Sponsor: Jason C. Ervin (28th Ward)
- Committee: Committee on Economic, Capital and Technology Development
- Submitted Date: May 15, 2026
- Introduction Date: May 20, 2026
- Official record: Office of the City Clerk
Impact report
Written by AI from the official document. AI can make mistakes; the official document always wins.
The City would declare that a Class 6b property tax break is needed for a planned data center at 1951 W. Hastings St. and would support the Cook County Assessor granting it.
Who it affects
- MEDP Mission Critical Facility, LLC (the developer): The company could receive a Class 6b property tax break for its planned data center if the Cook County Assessor approves it.
- Illinois Medical District: It owns the land and ground leases it to the company that plans to build the data center.
- Job seekers and workers: The ordinance states the project is expected to retain and create jobs and provide significant present and future employment.
- Residents near 1951 W. Hastings St.: A vacant site would be developed into a large, roughly 324,600-square-foot data center.
- City of Chicago taxpayers: The ordinance states the project will add new real estate and other tax revenue to the City even with the tax break.
What changes
- The City officially says the Class 6b tax break is necessary for the project to happen.
- The City supports and consents to the Cook County Assessor giving the property Class 6b status.
- A data center of about 324,600 square feet is planned on a vacant site.
- The City Clerk will send a certified copy of the ordinance to the Cook County Assessor.
Money
- Class 6b property tax break (amount not stated) that would go to MEDP Mission Critical Facility, LLC if approved by the Cook County Assessor
Where: 1951 West Hastings Street, Chicago, Illinois 60608; Illinois Medical District; City of Chicago Enterprise Zone No. 1; Western/Ogden Redevelopment Project Area; 28th Ward
When: Immediately upon passage and approval
Lobbying and money
Computed links; money near a vote is not evidence that it influenced the vote.
Campaign donors named in it: Metro Edge ($1,000 to alderpersons since 2019)
Alderpersons who received money from these interests
| Member | Amount | From |
|---|---|---|
| Walter R. Burnett | $1,000 | Metro Edge (employees) |