Mayor proposes tax break for 2nd Chicago Costco

Posted Dec. 8, 2010 at 7:47 a.m.

From the Chicago Sun-Times | Mayor Richard Daley is proposing a property tax break to bring a secod Costco to Chicago, this time to the Near South Side at 14th and Ashland Avenue. Daley said the project would create 600 construction jobs, 125 full-time jobs and 125 part-time positions. — in a move that could set a precedent for Wal-Mart and other big-box retailers. Costco currently has a store on Clybourn and Division in Lincoln Park. Get the full story>>

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  1. WILSON Dec. 8, 2010 at 8:45 a.m.

    Who wrote this story was lazy not to even check the address of Costco only Chicago sote it is on Clybourn and Diversey not Division.

  2. ed linn Dec. 8, 2010 at 9:04 a.m.

    Costco makes plenty of money and does not need a tax break.

  3. Harry Dec. 8, 2010 at 9:06 a.m.

    Actually, the lone Chicago Costco is at Clybourn and Damen, south of Diversey on the Chicago River.

  4. guinnessman Dec. 8, 2010 at 9:16 a.m.

    I wish I got a tax break. But alas, I am not well connect nor have deep pocket, so I will pay costco for the privilege to make another store.

  5. Harry Dec. 8, 2010 at 9:17 a.m.

    Chicago needs more (TIF’s) tax breaks to bring commerce and industry back. Too many companies have fled the city to the south and “off-shore”. It’s about jobs, for those not too stupid to understand.

  6. Harry Dec. 8, 2010 at 9:21 a.m.

    If you know (personally) any Costco employee’s, then you would know it’s not Target, Walmart or Sams Club. Costco pays good wages & benefits with good job security……..

  7. Patrick Dec. 8, 2010 at 9:39 a.m.

    I won’t by bottled water at the Costco in Chicago because I won’t pay dumb-dumb Daley’s 12% tax. I go to Bedford Park and buy water, eggs and TVs at the Costco there. I also won’t shop at WalMart because I don’t want to support a company that treats its workers like slaves.

  8. Jerry Dec. 8, 2010 at 10:25 a.m.

    So dumb dumb Patrick spends $10 more in gas to avoid the bottled water tax? Also, anyone who buys bottled water is a dumb dumb. It’s tap water that costs more than gasoline. AND it’s bad for the environment.
    Talk about Dumb Dumbs.