Description
A redevelopment project at 1200 West 58th Street seeking tax increment financing and inclusion in an advanced energy district.
Impact summary
Brings 116 housing units, new jobs, brownfield cleanup already completed, and neighborhood improvements including four speed tables, bike racks and $50,000 for the Herman Park Trail.
Applicant
- Name
- Westinghouse-Breakwater Properties, LLC
- Address
- 1200 West 58th StreetSee this on the map
At a glance
- Hearings
- 3
- Public comments
- 0
- Total mentions
- 3
Last vote · City Council
Last discussed Mar 23, 2026.
Meeting timeline (3)
City Council — March 23, 2026
Council approved a tax increment financing agreement and energy district inclusion to assist with financing the Westinghouse Redevelopment Project at 1200 West 58th Street.
Finance, Diversity, Equity and Inclusion Committee — March 23, 2026
Redevelopment of the historic 8-story Westinghouse tower into 106 apartment units (including 10 affordable) and 23,000 square feet of commercial space.
Development, Planning and Sustainability Committee — March 10, 2026
A $81 million conversion of the vacant 1898 Westinghouse industrial building into 106 market-rate and 10 affordable apartments plus office, retail and restaurant space, backed by a 30-year TIF and $15 million in PACE financing.
Related issues (1)
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