Archive for ‘Development’

Mayor Emanuel Announces Release of Request For Proposals to Build New Fleet & Facility Management Headquarters In Englewood

State-of-the-Art New Facility Will be Funded by Sale of City-Owned Land at North and Throop; Move Will Increase Department Efficiency and Spur Economic Development in Englewood Chicago Mayor Rahm Emanuel today announced the City is taking the next step towards building a new headquarters for the Chicago Department of Fleet and Facility Management (2FM) in the Englewood neighborhood. Today the Chicago Infrastructure Trust (CIT), in

Initiative to Improve Quality & Reliability of Chicago’s Streetlights is Moving Forward

Mayor Rahm Emanuel today announced that an initiative to upgrade more than 270,000 of Chicago’s street, alley and park lights to more reliable and higher-quality lighting is proceeding to the final procurement stage. The Chicago Infrastructure Trust’s (CIT) Board of Directors this week  voted to approve the recommendation that nine companies continue to the Request for Proposals stage of the procurement. The nine “shortlisted” bidders

Mayor Emanuel Announces Chicago Home Buyer Assistance Program Is Accepting Applications

Mayor Rahm Emanuel and the Chicago Infrastructure Trust today announced the Chicago Home Buyer Assistance Program is now accepting applications from families and individuals looking to buy a home in Chicago or refinance an existing mortgage. The program helps make home ownership possible for working families and individuals by providing support for down payment and closing costs. “The Home Buyer Assistance Program is another important

Trust Updates Housing Initiative to FIT Homes

Over the next 10 years, the Trust plans to build 1,000 “FIT (Finding Innovation Together) Homes” on vacant lots spread across the City of Chicago. The full FIT Homes Initiative can be found at http://www.fithomes.org.   For its first two homes, the Trust will solicit cost-effective and innovative housing design proposals through a design-build competition. At the end of 2014, the Trust secured funding from Strides for

Trust Launches Open Bidding Process for Metal Reclamation Initiative

The Chicago Infrastructure Trust has launched a Competitive Open Bidding Process for its Metal Reclamation initiative. It follows receipt of an unsolicited proposal to extract metal from City and Chicago Park District land and with the assurance that the land will be returned to its pre-project and/or enhanced state and provide a revenue stream to the City/Trust. Any party that wishes to offer its proposal for this

Trust Introduces Housing Initiative at Community Development Forum

The Chicago Infrastructure Trust publicly introduced its Housing initiative at a community development forum hosted by Housing Action Illinois on May 5, 2015 in Chicago, an event supported by Wells Fargo Bank. The New Chicago Bungalow: A Flexible, Affordable and Sustainable Archetype for 21st Century Chicago was paneled by: – Catherine Baker, Landon Bone Baker Architects – Andrew Geer, Enterprise Community Partners – Bryan Esenberg, City of