The firm has begun site work for the second phase of theproject, which will include the construction of Dancer Drive,installation of underground utilities and trenching of a detentionpond. The cost of the infrastructure work will be approximately $1million, Podolsky says. The second phase has six lots withconstruction of build-to-suit facilities expected to begin by theend of this year or early next year. The park is expected to becompleted in two to five years, he says.

|

The developer acquired the site more than a decade ago, Podolskysays. "We chose that location, first of all, almost 15 years ago,"he says. "We envisioned a four-way interchange at Orchard Road,which there now is, and a burgeoning community with a lot ofgrowing residential." Aurora is now "striving to be the secondlargest city" in the state, he says. The park is expected to havemore "higher end" uses than the "typical industrial park withbig-box buildings."

|

Construction has also begun on Candlewood Suites on a nearly2.2-acre parcel. The 14,000-sf hotel will have 83 suites and willbe the first location of a new design prototype for CandlewoodSuites. The hotel is expected to open in February 2009. ProvenaMercy Medical Center Health and Wellness Club already occupies a61,300-sf building in the park, Podolsky says.

|

Jacob & Hefner is the engineering firm for the park and theDobbins Group is the architectural firm for the project. PrincipleConstruction Co. is completing the infrastructure construction.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.