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Illinois commits $500 million to transform ready vacant state properties for private sector redevelopment
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Illinois commits $500 million to transform ready vacant state properties for private sector redevelopment
Chicago Construction News staff writer The State of Illinois has announced a $500 million investment in site readiness—marking the largest commitment of its kind in state history—to repurpose dormant state-owned properties and position them for private-sector redevelopment. The initiative is designed to prepare key sites for new industrial and commercial uses, with the goal of attracting business investment, creating jobs, and restoring value to…
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