Thursday, December 1, 2005

* DevCorp North Promotes Moving Out of Rogers Park

I just received this today via email. Any other time, this would be spam. Not today, not this one. Hat tip to Sally for forwarding this to the Hell Hole. Shame on Sandi for sending this out on DevCorp North, taxpayer funded time.

Why is DevCorp North's Sandi Price promoting luxury condos in the Clybourn Corridor? It's not even close to Rogers Park. What's the message here? Move out of the ghetto called Rogers Park and into the luxury of River North? I don't get it. Do you?

-- Original Message --
From: Sandi Price
To: Undisclosed-Recipient ( me )
Sent: Thursday, December 01, 2005 11:12 AM
Subject: Fw: Where Luxury is Standard and the Company's Devine, Take Altgeld West to 2329
 ----- Original Message -----
From: North Clybourn Group
To: Sandi Price
Sent: Thursday, December 01, 2005 5:17 AM
Subject: Where Luxury is Standard and the Company's Devine, Take Altgeld West to 2329

Sandi Price
Director of Operations
DevCorp North or North Clybourn Group?

8 comments:

Jocelyn said...

I find the ad offensive but strangely amusing at the same time.

Jocelyn said...

Oh, and jeff o- please don't hold back- tell us what you REALLY think. ;)

Hugh said...

On the topic of incentives to leave, The Raven Theater got $550,000 in property taxes from the Clark/Ridge TIF to move out of Rogers Park to a former grocery store at Clark and Granville.

Raven Theater: HISTORY & PROGRAMMING

"From 1985 to 2000 Raven Theatre was housed in an intimate 70-seat space in Rogers Park. This award-winning company closed its final season in its old home with five Joseph Jefferson Awards for Arthur Miller's classic drama A VIEW FROM THE BRIDGE, including outstanding production.

In August 2002 the Raven Theatre opened its new doors at 6157 N. Clark Street, in the heart of Edgewater."


Rogers Park has three TIFs but we somehow couldn't manage to keep them here.

1. One was tapped out building Gateway Mall for Rudy Muldar and James DiMatteo and gutted the Howard Theater for Jay Johnson,

2. one is dedicated to S&C Electric, and

3. one is dedicated to Loyola's projects.

Hugh said...

Another example of incentives to leave Rogers Park is the Jewel on Morse.

Recently, the Osco on Morse closed, and was replaced with a dollar store, as covered in on of the Broken Heart's earliest stories, from December, 2004.

But before it was an Osco, it was a Jewel. Many people think the Jewel closed. It didn't. It moved. The Morse Jewel moved to a new facility on the Evanston side of Howard Avenue, near Kedzie, a new mall build with public subsidies of property tax money from Evanston's Howard-Hartrey TIF.

Too bad we spent all our TIF money building a publicly subsidized endowment for DevCorp North.

Hugh said...

The owners of the property, 2329 W Altgeld, Inc., are not in good standing.

Illinois Secretary of State Corporation/LLC Search

Jocelyn said...

JTFM

I believe Hugh used the corporation name he stated in his search and it does say "Not in Good Standing:
Try searching:
2329 W Altgeld, Inc

Get your facts straight. If you're going to call yourself a fact-checker you have to live up to it smartie!

Hugh said...

Howard-Paulina TIF, est. 1989, and promptly drained of its resources by the combined greed of Rudy Mulder, James DiMatteo, John Terzakis, Jay Johnson, and DevCorp North.

Hugh said...

In 1993 the Howard-Paulina Community Development Corporation amended their articles of incorporation to change their name to "DevCorp North" and to enlarge their service area:

"Article 5

B. The Corporation is formed to plan, promote, coordinate and execute programs and development within Rogers Park to enhance the quality of life of the community. The Rogers park area shall be defined, for purposes of this Corporation, generally as follows:

The northerly boundary shall be: the Chicago City Limits at Calvary Cemetery

The westerly boundary shall be: Ridge Avenue, Chicago; Chicago Avenue, Evanston

The southerly boundary shall be: Devon Avenue, Chicago

The easterly boundary shall be; Lake Michigan"

This is where the City of Chicago thought DevCorp North would be spending the taxpayer's money sent to them.

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