West Pullman Land Sale Would Support Construction of 40 Million Light Industrial Facility

Chicago, ILLocal News

The City of Chicago is moving forward with a transformative economic development initiative in West Pullman, as Mayor Brandon Johnson has introduced a proposal to sell five acres of vacant City land for a light industrial facility. This ambitious $40 million project, developed by DL3 Realty, will feature a substantial 413,400-square-foot building that includes 97 loading docks and two at-grade loading doors, designed to streamline operations. The facility is expected to provide approximately 200 jobs once fully operational, significantly benefiting the local workforce. Historically, this land was home to an Ingersoll Products factory for much of the 1900s and has been under City ownership since 2005. The nominal sale price of $1 underscores the City's commitment to fostering economic growth and revitalization in the area.

This project not only addresses the urgent need for industrial space but also aims to enhance the economic landscape of West Pullman. By bringing in new jobs and infrastructure, the initiative is projected to have a lasting impact on the community. Overall, this proposal signals a promising step toward sustainable development in Chicago.

Related Articles

Chicago Public Schools Laid Off 161 Employees. More Cuts Could Be On The Way

Chicago Public Schools laid off 161 employees, including many crossing guards, in response to a growing $734 million budget deficit. The district plans to make further cuts and not fill over 200 vacant positions, raising concerns about the impact on school staffing as a new fiscal year begins.

Feed, A Country Diner At Home In Chicago For 2 Decades, Is For Sale

Feed, a beloved country diner in Humboldt Park, is up for sale after 20 years of operation. Owner Nelson Sumba, who has struggled with a back injury, seeks $50,000 for the business, which is known for its rotisserie chicken and homestyle dishes. The restaurant has undergone several ownership changes since its opening in 2005.

Chatham Plaza, A Development Co-Owned By Neighbors, Sells For 3.2 Million

Chicago Transforming Retail Economics of Neighborhood Development (TREND) sold Chatham Plaza for $3.2 million after acquiring it for $2 million in 2022. The profit will benefit both TREND and over 380 community investors, primarily from low- and moderate-income neighborhoods. TREND plans to continue managing the plaza to enhance community engagement and investment.