The Chicago City Council approved a Class 6(b) tax incentive for 4300 Roosevelt LLC for the construction of a 363,520 square foot industrial facility at 4300 West Roosevelt Road, Chicago, Illinois. The project entails two 181,760 square foot buildings, each equipped with 27 dock spaces. This tax relief aims to stimulate industrial development, improve the area's real estate character, and generate new employment opportunities. The property is situated within the Chicago Empowerment Zone and City of Chicago Enterprise Zone No. 1. The minimum project investment is set at $71,337,706. The City Council's approval authorizes the Commissioner of the Department of Planning and Development to proceed with a redevelopment agreement.