State and Nation Business

Work begins on southeast Chicago industrial development

CHICAGO – Work has begun on a southeast-side Chicago industrial development that officials say will be home to 1,300 jobs.

NorthPoint Development broke ground Thursday on the $164 million project. It will cover 196 acres.

The plan is to begin with an industrial building of 360,000 square feet. Eventually there will be six structures of up to 600,000 square feet. There will be room for up to 10 manufacturing, assembly and distribution-type tenants.

The land is adjacent to NorthPoint's supplier park of nearly 3 million square feetthat serves Ford Motor Co.'s nearby Torrence Avenue assembly plant. The development will receive up to $52 million in tax increment financing assistance.

The site was originally home to Republic Steel beginning in 1901.

Loading more

Digital Access

Digital Access
Access nwherald.com and all Shaw Media Illinois content from all your digital devices and receive breaking news and updates from around the area.

Home Delivery

Home Delivery
Local news, prep sports, Chicago sports, local and regional entertainment, business, home and lifestyle, food, classified and more! News you use every day! Daily, weekend and Sunday packages.

Text Alerts

Text Alerts
Stay connected to us wherever you are! Get breaking news updates along with other area information sent to you as a text message to your wireless device.

Email Newsletters

Email Newsletters
We'll deliver news & updates to your inbox. Plan your weekend and catch up on the news with our newsletters.