On Wednesday @thesixthward on instagram reposted a screen cap that is a rendering of the future warehouses expected to come near 103rd/Stony Island provided by this Chicago Tribune article. As a matter of fact, these warehouses will be closer to 111th Street near the Walmart. Below I will share the post provided by Ian Lantz who owns The Pullman Cafe.
And now onto the article itself which lays out future development in Pullman:
There is of course more to come beyond these warehouses to come near the Walmart in Pullman:
And now onto the article itself which lays out future development in Pullman:
Minneapolis-based developer Ryan Cos. and nonprofit community developer Chicago Neighborhood Initiatives said they plan multiple industrial buildings totaling as much as 1.2 million square feet on land immediately north of the Whole Foods facility. U.S. Bank, which owns the land, is also involved in the project.Tribune Graphics provided an illustration of the expected development.
The exact number of jobs will depend on the type of tenants that lease space, but the project could potentially create as many as thousands of jobs, according to 9th Ward Ald. Anthony Beale.
"This is the culmination of a lot of our work to bring more jobs to the community," said David Doig, president of Chicago Neighborhood Initiatives. "In the last 30 to 40 years this area has lost tens of thousands of jobs, which has been a source of the area's decline. Jobs are important in rebuilding the area."
Construction of the more than 50-acre complex, called Pullman Crossings, could begin by next summer, said Tim Hennelly, Ryan's president for the Great Lakes region.
The warehouses will be along 103rd Street and Woodlawn Avenue, just west of Interstate 94 and Harborside International Golf Center.
Warehouses are the latest phase of the larger, 180-acre Pullman Park development to replace a former Ryerson Steel plant. Previous phases brought in the nearby Method Products soap factory and Gotham Greens rooftop greenhouse.
The community, which once had a dearth of shopping options, also has been boosted in recent years by a Walmart store and other retail, including Ross Dress for Less and Planet Fitness.
Planned warehouses could bring thousands of jobs to Pullman https://t.co/8U3FrNI5mI via @Ryan_Ori pic.twitter.com/9DC7f3y9n9— Tribune Graphics (@ChiTribGraphics) September 5, 2017
Other construction in the area includes the 135,000-square-foot Pullman Community Center at 103rd and Woodlawn and retail buildings at 111th Street and Doty Avenue, where a Potbelly sandwich shop, a bakery and a dry cleaner will open later this year.Here's hoping these developments will prove to be a boon for Pullman and Roseland.
A visitors center to the Pullman National Monument, created in 2015 by the federal government to commemorate the neighborhood's rail-car-making past, will open in 2019, Doig said.
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Other construction in the area includes the 135,000-square-foot Pullman Community Center at 103rd and Woodlawn and retail buildings at 111th Street and Doty Avenue, where a Potbelly sandwich shop, a bakery and a dry cleaner will open later this year.
A visitors center to the Pullman National Monument, created in 2015 by the federal government to commemorate the neighborhood's rail-car-making past, will open in 2019, Doig said.
...
The exact number of warehouses will be determined by the preferences of tenants, although the developers may decide to build without leases signed by next summer, Hennelly said. The combined cost of the warehouses could range from $50 million to $90 million, depending on the uses, he said.
Government incentives including tax increment financing, enterprise zone tax breaks and the federal New Markets Tax Credit program could fund about one-third of the warehouse development's cost, Doig said.
