Infrastructure Investments Spur Industrial Development in Chicago Market
In addition, the Illinois Tollway has been proactively deploying capital for projects. As a result, industrial occupiers are benefitting from an enhanced flow of goods and more efficient distribution, while the industrial development community has responded with new speculative and build-to-suit projects in key areas to take advantage of these transportation improvements.
I-57 Corridor Before 2014, there wasn’t a full four-way interchange at I-57 and I-294, which represented one of the few rare nodes in the nation where two interstates crossed paths but did not allow a full connection. The opening of the $600 million Tri-State Tollway and I-57 Interchange has since spurred an influx of new development in the I-57 submarket…Please click here to read Kristin Hiller’s story in REBusiness Online.