2 Chicago-Area Megasites Pick Up $3.6M In Selective Statewide Investment Program Illinois Gov. J.B. Pritzker has tapped two Chicago-area properties to receive funding through a new program intended to boost the number of large, investment-ready sites available for industrial expansion across the state. Landmark Chicago Interest, a real estate development company, will get $2.2M from the Megasites Investment Program to help cover the cost of a $9.7M environmental remediation project on the southeast side of the city at the 439-acre former home of U.S. Steel, Chicago Business Journal reports. Green Door Capital, a private equity firm, will receive $1.4M to put toward a $30M site consolidation project that features water and sewer work at a 279-acre site in Yorkville. 
The developers are two of nine recipients of $23M in total grant money the Illinois Department of Commerce and Economic Opportunity doled out to projects across Illinois as part of the megasites program, which launched in February.Developers can use the grants for a range of expenses, including roads, sewers, rehabbing existing…  Read the full story here. | 
