MOKENA, IL-Village officials have given TCB Development Corp. the green light to begin building a $100-million business park on 250 acres on 88th Avenue, between 187th and 191st streets. When completed, the Corporate Corridors of Mokena will add 2.5 million sf of industrial, office and retail space along I-80, between the Harlem Avenue and LaGrange Road interchanges.
“The I-80 market continues to demonstrate tremendous development opportunities for both large and small users,” says TCB Development executive vice president Randy Tieman, whose Tinley Park-based company has built two other industrial parks in this southwest suburb, totaling more than one million sf. Corporate Corridors of Mokena will be divided into 24 lots, ranging from two to 25 acres. The industrial park is served by a rail line.
Those two projects have bought 1,000 jobs to the village, which is giving TCB Development a partial sales tax rebate as an incentive. “It is a win-win situation, not only for residents, but also for local businesses,” says Mokena Mayor Joe Werner.