Chicago’s Top 10 Industrial Projects Currently Under Construction

Top Chicago Industrial Real Estate Construction Projects - Cawley Chicago

The industrial real estate market in Chicago has adapted to the economic shifts caused by the pandemic. Fortunately, there are a lot of new warehouse projects in the area being built currently. It is a positive sign of the rising demand for industrial real estate properties in Chicago and the surrounding areas.

Cawley Chicago pulls the Top 10 Industrial Projects Under Construction regularly to give an idea of the commercial real estate properties arising in the area.

Key Stats for Chicago Industrial Projects Under Construction

# of Properties: 66
Total Square Feet Under Construction: 18,036,120
Percent of Inventory Under Construction: 1.5%
% of Preleased Property Space: 53.7%

Top 10 Under Construction Industrial Projects in Chicago

1) Ferrara Candy – Gurler Rd

Rating: 5
Building Square Feet: 1,660,00
Stories: 1
Project Start Date: February 2020
Project End Date: May 2021
Developer / Owner: Trammell Crow Company / Ferrara Candy Company

2) Harbor Freight – 3401 Brandon Rd

Rating: 5
Building Square Feet: 1,639,000
Stories: 1
Project Start Date: May 2020
Project End Date: December 2020
Developer / Owner: CenterPoint Properties

3) Medline Industries – 20444 W Peterson Rd

Rating: 5
Building Square Feet: 1,400,000
Stories: 1
Project Start Date: December 2019
Project End Date: February 2021
Developer / Owner: The Alter Group / Medline Industries

4) I-55 / Amoco Rd

Rating: 5
Building Square Feet: 1,100,000
Stories: 1
Project Start Date: December 2019
Project End Date: October 2020
Developer / Owner: Venture One Real Estate

5) Exchange 55 – 3501 S Pulaski Rd

Rating: 5
Building Square Feet: 999,900
Stories: 1
Project Start Date: July 2020
Project End Date: April 2021
Developer / Owner: Hilco Real Estate / Hilco Redevelopment Partners

6) LogiPort 57 – 80 Bldg 2 – S Cicero Ave

Rating: 4
Building Square Feet: 810,000
Stories: 1
Project Start Date: April 2020
Project End Date: December 2020
Developer / Owner: Logistics Property Company, LLC / Gatling Community Development

7) 128th Ave

Rating: 5
Building Square Feet: 800,000
Stories: 1
Project Start Date: July 2020
Project End Date: April 2021
Developer / Owner: Not Listed / Uline

8) Bldg 1 – 775 Veterans Pky

Rating: 5
Building Square Feet: 573,752
Stories: 1
Project Start Date: April 2019
Project End Date: September 2020
Developer / Owner: Crow Holdings Industrial / Crow Holdings

9) Heritage Crossing Building – 14532 S Gougar Rd

Rating: 5
Building Square Feet: 542,944
Stories: 1
Project Start Date: June 2019
Project End Date: August 2020
Developer / Owner: ML Realty Partners LLC

10) Bridge Point North – Bridge Point North Building

Rating: 4
Building Square Feet: 501,900
Stories: 1
Project Start Date: June 2020
Project End Date: January 2021
Developer / Owner: Bridge Development Partners

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