The city’s subsidy, which won approval Tuesday, will provide 27.5 percent of the estimated $21.8 million that MillerCoors will spend to renovate its new headquarters at 250 S. Wacker Drive.
City Kicks In to Build MillerCoors HQ
TIF to cover 27 percent of renovation costs
“Not only did Chicago get chosen over Dallas, Tex.," said Christine Ragusa, the city’s acting commissioner of the department of community development, "but our city stands to benefit from the jobs this company will bring."
Updated at 5:05 PM CST on Thursday, Mar 12, 2009