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updated: 9/23/2012 6:31 PM

Old Chicago factory site to be converted into park

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Associated Press

The site of an old asphalt factory will become a new public park in Chicago.

City officials say they'll spend $8 million to build a park on the site of the 24-acre lot that's in the neighborhood known as Little Village.

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Published reports said that it'll become a green space with a playground, soccer and baseball fields and trails. Construction will start next year and is expected to be finished by 2014.

For years residents in the neighborhood have complained about a lack of parks in the neighborhood that's dense with manufacturing plants. That included former coal plants that were shut down last month.

Emanuel says the park is an important step toward creating jobs and a healthy environment.

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