Six Corners Economic Vitality

Project facts

Opened to residents: February 2024.
Address: 4714 W. Irving Park Road.
Developer: Novak Development.
General contractor: Novak Construction.
Design architect: MG2.
Architect of record: Kahler Slater.

Project overview

About Novak: Founded in 1980 and based in Chicago, Novak Construction provides preconstruction, general contracting and construction management services.

Cost basis

An architect-authored completed-project article republished on the Lofts’ official website reports $90 million to $100 million. Earlier reporting used $90 million. The headline uses approximately $100 million, the upper end of the published range; it is a summary figure rather than a certified exact final cost.

Official website & visitor information

Project team & design

Press & project history

Project facts

Opened to patients: November 1, 2023.
Address: 4445 W. Irving Park Road.
Health system: Northwestern Medicine.
General contractors: Power Construction and Ujamaa Construction.
Architect: CannonDesign.
Final permit completion: July 31, 2025.

Project overview

The center opened in November 2023 with more than 30 providers, combining primary and immediate care with medical imaging, laboratory services and specialties including oncology, cardiology, orthopaedics and rehabilitation. The construction team used more than 60 exam-room pods fabricated off-site. Power’s project record also describes a subsequent 19,000-square-foot fourth-floor buildout for a GI center, cardiac rehabilitation gym, offices and a central lobby.

Cost basis

Exact final realized cost: $151,706,968. Northwestern’s chief financial officer certified this amount in the August 25, 2025 completion filing. The Illinois Health Facilities and Services Review Board accepted the final realized cost and closed permit 21-008. The headline uses approximately $150 million as a rounded summary.

Official website & visitor information

Project team & design

Press & project history

Project facts

Opened to residents: May 2023.
Address: 4715 W. Irving Park Road.
Development partnership: Ryan Companies, LCS and Harrison Street.
Architect & builder: Ryan Companies.
Interior design: Perkins Eastman.

Project overview

Ryan’s project team brought development, architecture and engineering, construction and capital markets together. The triangular design makes the most of the Milwaukee Avenue and Irving Park Road corner and shortens the routes between apartments and amenities. The community includes 11 affordable residences, plus indoor dining, wellness and social spaces. A landscaped terrace adds outdoor space above the busy commercial intersection.

Cost basis

The January 2024 completed-project profile in Environments for Aging lists $117 million in total development cost and says construction cost was not disclosed. Other press coverage cites $130 million. The page uses the detailed project profile; an owner-certified final cost was not available in the sources reviewed.

Official website & visitor information

Project team & design

Press & project history

Project facts

Developer: Irving Park Property Holdings LLC.
City Council approval: March 16, 2016, ordinance O2016-659.
TIF district: Portage Park, established September 9, 1998.
Original scope: Approximately 71,330 square feet across the site, including 61,212 square feet of planned leased space in the former bank, an adjacent restaurant and a new Culver’s building. The 61,212 figure describes planned leased space, rather than the bank’s gross floor area.

What opened & when

2017: Binny’s was open by September, as advertised in its own event brochure.
January 29, 2018: Culver’s grand opening at 4939 W. Irving Park Road.
March 2021: Eggsperience was reported open at 4925 W. Irving Park Road.
Arts component: The proposed theater did not open.

Timeline date: This card uses 2018 as the retail redevelopment milestone, based on Culver’s opening. The businesses opened in stages; this is not a claim that the full original theater-and-arts plan was completed. The City’s financial reporting changes the TIF project’s status to “Completed Project” in 2020.

Project budget & TIF outcome

The City’s approved agreement and TIF project database list a $14,106,174 estimated total project cost. This is an approved budget, not a verified final expenditure. The authorized TIF reimbursement was capped at the lesser of $2 million or 14.2% of total project costs, payable only after the agreement’s conditions were met.

The City’s annual project records show $0 in annual payments and $0 in cumulative public funds for every reported year from 2017 through 2022. From 2020 onward, the record also shows no remaining public-funding commitment. WTTW’s April 2019 report quoted Arena confirming that no TIF money had been received and that the arts lease and other agreement requirements had not been met.

City documents & funding records

Businesses & property information

Press & opening announcements

Project facts

Developer: Chicago Klee Development LLC.
City project address: 4001 N. Milwaukee Avenue, at Cicero Avenue.
Original redevelopment property: 4001–4013 N. Milwaukee Avenue and 4022–4032 N. Cicero Avenue.
Housing: 64 condominiums, including 13 affordable units.
Commercial space: Approximately 20,000 square feet.
Scope: Rehabilitation of the Klee Building, removal of neighboring buildings and construction of two new companion buildings.

District creation & project dates

June 10, 1996: Irving/Cicero TIF district established.
July 21, 2004: Project approval date in the City’s TIF database.
January 14, 2005: Redevelopment agreement closing date in the City’s historical RDA list.
2007: Physical redevelopment completed, according to CMAP’s case study.
December 23, 2009: Certificate-of-completion date in the City’s project database.

The card’s timeline year follows the physical completion in 2007. The later City certificate date documents the administrative closeout stage.

Project budget & TIF funding

The City’s TIF project database lists $19,197,699 in total project cost and $1,642,000 in authorized TIF assistance. The headline rounds the City figure to $19.2 million. CMAP’s earlier case study reports a different development cost of $18,718,699; the City-listed figure is used consistently here as the project budget.

The City’s 2024 annual project record reports $1,550,632.07 in cumulative public funds, no payment in 2024 and no remaining public-funding commitment. The TIF project is listed as completed. This distinguishes the amount paid from the original authorization.

City records & project research

Project name & partners

Completed project: Marketplace at Six Corners, developed by Tucker Development.
City record name: Six Corners S.C.
RDA developer: Six Corners Development, L.L.C.
City project address: 4000 N. Cicero Avenue.
Jewel-Osco store address: 4660 W. Irving Park Road.

The City’s database describes a grocery store without naming its operator. Tucker’s project profile identifies the grocery anchor as Jewel-Osco and supplies the Marketplace at Six Corners name.

District creation & project dates

June 10, 1996: Irving/Cicero TIF district established.
September 11, 1996: City project approval date; the Council Journal records authorization of the redevelopment agreement.
1997: Marketplace developed, according to Tucker Development.
September 9, 1998: Amendment entry in the City’s TIF project database; the Council Journal also documents related TIF bond financing.
1998: Tucker sold the center.

The card uses 1997 for the development timeline. The 1998 date refers to the sale and later City financing records.

Project budget & TIF funding

The City lists $19,274,000 in total project cost, rounded here to $19.3 million, and up to $3,700,000 in authorized TIF assistance. The 1996 redevelopment agreement also states the $19,274,000 estimated project cost and the $3.7 million maximum City contribution.

These are the City-listed budget and authorization, rather than a verified final construction expenditure or payment total. The 1998 amendment repeats the $3.7 million assistance amount; it is not counted as a second grant.

Retail redevelopment scope

The City-funded project describes approximately 117,000 square feet of new retail and 800 parking spaces. Tucker describes the broader Marketplace as about 340,000 square feet, combining a renovated Sears with a new Jewel-Osco and additional retail. These figures describe different scopes; the City budget above applies to the project in its TIF record.

City records & project links