City Breaks Ground on New Industrial Complex

Lawndale News Chicago's Bilingual Newspaper - Business

Lawndale News Chicago's Bilingual Newspaper - Business

Mayor Rahm Emanuel joined Alderman Sue Sadlowski Garza (10th) and NorthPoint Development to break ground on a new $164 million industrial complex that will span 196 acres and generate more than 1,300 jobs on the Southeast Side. Starting with a 360,000-square-foot industrial building on the 12200 block of South Burley Avenue, the project’s six structures will range from 215,000 to 600,000 square feet. Combined, they will provide 2.3 million square feet of space to accommodate up to ten manufacturing, assembly, and distribution-oriented tenants. The new campus will be located adjacent to NorthPoint’s existing 2.8 million-square-foot supplier park that serves Ford’s nearby Torrence Avenue assembly plant. The complex will be supported with up to $52 million in TIF assistance to help pay for environmental remediation, roadway improvements, infrastructure upgrades and other eligible project costs.  The complex is expected to create 650 temporary construction and 660 permanent jobs when fully occupied.

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