Illinois Launching $40M Grant Opportunity to Develop Megasites
February 7, 2023 3:36PM CST
FILE – In this Sunday, May 31, 2020 file photo, Northbound Lake Shore Drive sits empty of motorists traveling to downtown Chicago as police force traffic off at the 31st Street exit, as part of a security perimeter around the downtown area. Chicago’s City Council voted Friday, June 25, 2021 to add the name of a Black recognized as a key settler of the city to an iconic road. In a compromise, alderman voted to change the name of Lake Shore Drive to Jean Baptiste Point DuSable Lake Shore Drive. DuSable, a native of Haiti, is considered Chicago’s first permanent, non-indigenous settler. (AP Photo/Charles Rex Arbogast, File)
Illinois is launching a 40-million-dollar grant program to develop megasites in the state. Megasites are large, developed sites ready for occupancy for manufacturers, distribution centers, industrial centers, and more. The grant program is open to governments, private businesses, or non-profits to support site development in order to attract large-scale industrial investments in underutilized areas and former industrial sites.
