Portfolio News Sep 01, 2017 Elion Partners

Largest Industrial Park in Chicago Market Adds Approx. 250 Jobs with Additional 1 MSF Distribution Center

Building Charlie, 810,900 SF, Expandable to 1 Million SF, Celebrates Topping Out

Building Charlie, 810,900 SF, Expandable to 1 Million SF, Celebrates Topping Out

The largest planned industrial park in the Chicago market, RidgePort Logistics Center, will add approximately 250 jobs with its new 810,900-square-foot spec distribution building. Elion Partners, along with Alston Construction, hosted a topping out event in celebration of the building’s vertical completion on Wednesday.

Building Charlie is expandable to 1 million square feet and is estimated to be substantially completed December 2017. The future tenant of Building Charlie will join other park tenants such as Lineage, Post Consumer Brands, Batory Foods, Michelin, World Foods Processing, and a 1.5 million-square-foot build to suit for an undisclosed Fortune 500 company.

“With the projected 250 full-time employees added to the park’s current 750 employees, we are estimated to reach 5,256 employees upon full build out,” said Michael Stellino, Managing Director of Development at Elion Partners.

The completion of this critical piece of phase I further contributes to the evolution of the project, said Stellino, allowing the park to better respond to the market, and Elion to move forward with additional amenities to service the park and community.

Additional amenities planned for the park include commercial retail and ancillary services. Today, RidgePort Logistics Center has an on-site Petro Travel Plaza complete with two restaurants, and fuel and truck maintenance station.

The 2,500-acre BNSF rail-served industrial park is well-positioned along Interstate 55 and just a few miles south of the interchange that services the busiest inland container yards in the United States.

“At BNSF, we’re glad to offer access to our rail network from the RidgePort Logistics Center, and by working together with Elion Partners, develop more business opportunities and deliver more jobs to the Chicago area,” said Eric Pitcher, Regional Manager of Economic Development, BNSF Railway Company.