Gov. JB Pritzker visited Alsip Village Hall on Feb. 25 to announce that the Illinois Department of Commerce and Economic Opportunity (DCEO) awarded $11 million in Rebuild Illinois capital funds to support 11 new capital development projects across the state.
Among the officials attending Pritzker’s announcement were state Rep. Bob Rita (D-28th), state Rep. Justin Slaughter (D-27th) and Alsip Mayor John Ryan.
Pritzker said Alsip is home to one of the Shovel Ready Infrastructure Capital Program sites in Illinois, and he praised the program for its $1.5-million grant to the Chicago Southland Economic Development Corporation (CSEDC).
“I’m proud to announce the state of Illinois’ support for a new transportation, distribution and logistics [TDL] hub here in Alsip,” Pritzker said. “It will turn a former refinery three miles from here into an accelerant for opportunity in the area.”
The CSEDC will dedicate its grant to an overall investment for industrial readiness for the future Alsip TDL Center, situated between two rail lines and eventually serving as a hub for shipping and logistics.
Officials said the site is an integral part of the greater I-57/I-294 logistics cluster and is expected to spur new jobs and attract investment to the already growing hub for transportation and logistics.
“I was proud to support the capital construction program in 2019 because I know how many communities in the Southland need better infrastructure, schools and so much more help,” said Rita, of Blue Island. “I thank the governor for visiting our area and providing this capital grant money to support our transportation and economic growth, and to help us all connect throughout the Chicago area with the I-57/I-294 intersection that I championed.”
Officials said grants will support paving the way for projects that will create long-term investment in communities, while creating an estimated 824 construction jobs statewide.
Funds were awarded to projects that require a substantial upfront investment in order to get off the ground. State funding, officials said, will be leveraged against $46 million in local and private funds committed in order to unlock a $57-million total community impact.
“By giving these initiatives the upfront and transformative funding boost they need to move forward, we’re spurring a chain of new public and private investments aligned with what the community wants to see,” Pritzker said.
The projects will impact seven economic regions across Illinois, and grants awarded in this region include the following: By the Hand Community Organization, 6.7 acres of brown-field redevelopment, $1.5 million; Village of Calumet Park, site preparation for mixed-used, transit-oriented development park, $1.5 million; and the Chicago Housing Authority for site rehabilitation, $759,858.
“I’m thrilled to welcome Gov. Pritzker to my district to announce a historic investment in the south suburbs,” said Slaughter, of Chicago’s Brainerd Park neighborhood. “This project is playing to our strengths. Transportation, distribution and logistics is a booming industry, and no place is better positioned to grow with it than the south suburbs.”
Grant awards are made for a two-year duration. All projects awarded will adhere to minority business participation requirements of the state of Illinois’ Business Enterprise Program and the Illinois Works program.
New grant-funded projects are part of a $13-million allocation from the Shovel Ready Infrastructure Capital program. The first of its allocations was in August 2020, when the governor and DCEO officials announced $2 million in state capital funds for the Green Era Urban Farming Campus.
The maximum grant awarded in this round was $1.5 million, and preference was given to projects in underserved communities. The projects will serve a variety of needs, including after-school programs, affordable housing, business incubators, job training, recreation and transportation.
“The Alsip Shovel Ready Project is a catalytic part of the Chicago Southland Logistics Cluster, a collection of logistics-oriented development due to the region’s unique logistics assets and available workforce,” said Reggie Greenwood, CSEDC executive director. “Thank you, Gov. Pritzker and DCEO for prioritizing shovel-ready funding that will kick start this project and unlock additional investments on a site that has long sat vacant.”
All projects are supported by Rebuild Illinois, Pritzker’s historic $45-billion, five-year capital program.
For updates on Rebuild Illinois, visit the DCEO website or follow @IllinoisDCEO.
via The Beverly Review
March 3, 2021 at 06:03AM