Clark Hill Attorney Latasha R. Thomas Assisted in Complex Deal with Pullman Community Center in the Roseland/Pullman Communities, Financed by New Market Tax Credits
CHICAGO, IL – Latasha R. Thomas, Senior Counsel in Clark Hill’s Chicago office, served as Counsel to the Roseland Community Center in connection with its joint venture with the Chicago Park District and related $20 million financing, a complex deal which included new market tax credits. Latasha will remain as outside General Counsel to the Roseland Youth Center organization.
The Ribbon Cutting Ceremony was held on November 8, 2018, where Latasha was recognized as a “key player in revitalizing the Pullman Community,” by Alderman Anthony Beale.
“We take pride in being a part of a project that brings recreational development, educational opportunities and community programs to the residents of Chicago, ” said Latasha.
Closed in July 2018, the financing allowed the completion of the new Pullman Community Center in Chicago built on 12 acres of donated land. At 135,000 square feet, the Community Center is the largest multi-sport complex in Illinois and will host 1,200 teams, as well as 50,000 spectators, participants and visitors, annually. Year-round athletic tournaments will create more than 100 full and part-time jobs and generate additional revenues for local businesses.
The Community Center will be co-owned by the Chicago Park District and the Roseland Youth Center. This facility is supported by the Chicago Cubs, the Chicago Bears, CHA, ESPN, Exelon, NFL and the City of Chicago.