CHICAGO—Dayton Street Partners, a Chicago-baseddeveloper, has just launched a new state-of-the-art warehouse on aSouth Side parcel that has been vacant for 30 years, another stepin the area's transformation into a center for distribution.
The company will develop a 60,000 square-foot building at41st and Halsted Sts. in Chicago'sStockyards Industrial Park. It will feature 30'ceilings, six exterior docks, two drive-in doors and parking for 34cars on the 3-acre site. Dayton plans to break ground inAugust.
“There is a lack of quality, modern industrial and distributionspace in Chicago,” Dayton Street's principal HowardWedren tells GlobeSt.com. And “well located, urban infilllocations are increasingly difficult to find.” However, the SouthSide, “especially the Stockyards, is in close proximity to the CBDand just ten minutes away from I-55.”
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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.
