The Chicago Development Commission has approved plans for the industrial complex at 4300 W Roosevelt Road in North Lawndale. Bound by S Kildare Avenue, S Kostner Avenue, and W 5th Avenue, the project will replace a large swath of land intersected by rail lines down the middle. Part of the Invest South/West initiative, the proposal comes to us from 548 Developments and Related Midwest with various design firms including Lamar Johnson Collaborative, Ware Malcomb, and SITE Design Group.
Announced as the RFP winner in February, the approval is the first step in making it a reality with the construction on the first Invest South/West project having recently commenced. Spread across 25 city lots and around 21 acres of land, the complex would deliver 363,500-square-foot of industrial space, a 60,000-square-foot increase from the original. This would be split into two massive multi-story structures each with 31 truck docks and rooftop solar panels to help reduce energy costs.
The proposal also includes an entrance to the upcoming rails-to-trails Altenheim Line project, 417 vehicle parking spaces, 86 trailer parking spaces, and various green spaces with a small park on W Roosevelt Road on land donated by Related. This land will also hold two buildings for the Lawndale Innovation Center with space for community-based retail, workforce training, and offices. These will be clad in a modern glass and concrete finish with local art decorating much of the street facing facades.
The now $85 million project had a price increase from its original $38 million cost, with the approval allowing for the land to be sold to the developers for $1. Its execution will also require $6 million in Tax Increment Financing (TIF) that will need final approval as well. At the moment no construction timeline was announced, however original plans aimed at a late 2022 groundbreaking which could still happen if all goes off without a hitch.
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