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Illinois: Unveiling the Future of Digital Design and Manufacturing

Business Facilities

Located on Goose Island, the 64,000-square-foot lab features collaborative office space, visualization facilities, interactive teaching areas, and a manufacturing floor for cutting-edge industrial research, with a special focus on digital innovations. The lab occupies 64,000 square feet of a former, 285,000-square-foot factory.

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State by State Incentives Guide

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Inventory is exempt from property tax. The incentive is available for non-retail businesses engaged in commerce for profit that fall into certain categories. TAX INCENTIVES.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments.

Income 75