Former Chicago industrial site being eyed as solar farm Follow Us
Question of the Day By - Associated Press - Friday, January 1, 2021
CHICAGO (AP) - A toxic former industrial site on Chicago’s Southeast Side is being considered for a 36-acre solar farm, according to a published report.
The proposal would mark a first-of-its-kind transaction for the Cook County Land Bank Authority, which usually sells properties to buyers who develop vacant buildings or land, according to The Chicago Sun-Times.
The property is part of the now-dormant Acme coke operation. The land bank wants to lease the land to California-based solar company Sun Power for as many as 35 years. A lease-option agreement is in the works. The company will have two years to figure out if it wants to agree to a long-term lease.
Toxic former Chicago Acme coke operation industrial site being eyed as solar farm on Southeast Side: report abc7chicago.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc7chicago.com Daily Mail and Mail on Sunday newspapers.
Brian Ernst/Sun-Times
A portion of a massive toxic industrial site on the Southeast Side is being considered for a future home to a solar farm.
The Cook County Land Bank Authority has taken title to land near East 114th Street and South Torrence Avenue, clearing the property’s back taxes in hopes of drawing a solar operation on about 36 acres, a spokesman said Tuesday.
The property is part of a sprawling former site of the former Acme coke operation, which has been dormant for years. The land bank wants to lease the land to California solar company SunPower for up to 35 years. A lease-option agreement is being drafted, and the company will have two years to decide if it wants to enter into a long-term lease.