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Spec Office Construction Coming to the Suburbs

It’s a small project, but any new office construction in the suburbs is rare.

chi-PRI-OWL3GroundbreakingPhoto (3) Pictured in the attached photo are (from left to right): James Adler, NAI Hiffman; Mark Augustyn, Principle Construction Corp.; Sander Kaplan, SKJN Architekten Corp.; Mayor of Romeoville John Nowak; Frank G. Sciackitano II, Lakeview Realty Investors; Steven A. Kersten, Lakeview Realty Investors; Rick Grabowski, Principle Construction Corp.; and Mary Labno, Lakeview Realty Investors.

CHICAGO—After a gap of many years, Chicago’s suburbs are finally seeing a new speculative office development. Principle Construction Corp., a full-service design build general contractor, broke ground last Wednesday on a 43,227-square-foot speculative project, referred to as the OWL 3 Spec Office, at 1250 Windham Pkwy. in Romeoville, IL.

It’s a small project, but any new construction in the suburbs is rare. And what construction there is typically consist of build-to-suits or renovations of older buildings that now need modern amenities to compete with class A office spaces in downtown Chicago.

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Brian J. Rogal

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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