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Big Spec Underway in Crest Hill

CHICAGO—It's a busy time for industrial builders, and Principle has begun construction on one of the few remaining sites along I-55.

By Brian J. Rogal | brianjrogal | | Updated on March 09, 2016

 

chi-PRICrestHillInProgress The big spec is on one of the few remaining sites along I-55.
CHICAGO—There are not too many industrial sites left in the Chicago region’s powerhouse I-55 submarket, but Principle Construction Corp. has broken ground on a 438,150-square-foot, class A speculative distribution center located at 16824 Enterprise Blvd. in south suburban Crest Hill. Ridgeline Property Group and its capital partner Cabot Properties, Inc. chose Principle as their builder shortly after acquiring the Crest Hill Industrial Park site last September. Principle expects to complete the project, one of the most significant currently underway in the metro area, by the fourth quarter. “The Crest Hill project is one we are very proud to be part of,” says Jim Brucato , president of Principle. “Our partners have been a pleasure to team with. Together we have put together a high quality project. The commitment to quality by all parties will show through in the finished product.” The US industrial market is soaring, and RPG and Cabot are making sure to take advantage of the favorable conditions. As reported in GlobeSt.com, the companies came together to develop the Susquehanna Logistics Center, a 423,300-square foot distribution building in York, PA, and Hanover Center, a 100,000-square-foot distribution facility in Baltimore. Located on a 24-acre site, the partners’ new building in Crest Hill will include 32′ clear ceilings, 36 depressed docks with space for 40 additional docks if required by a future user, four drive-in doors, 164 trailer parking stalls, 318 spaces for employee cars, 3,200 amps of power and an ESFR sprinkler system. Principle will construct four main entrances utilizing a combination of architectural curtain wall and punched window systems. The company will also install clerestory windows to provide abundant natural light into the facility.   Ken Lattanzi is serving as senior project manager and Doug Brucato will serve as senior superintendent. Harris Architects designed the new building and James Estus and David Bercu of Colliers International will market the property.

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