The City of Chicago Industrial Development of the Year wasAshland Marketplace. The project, developed by HSA Commercial RealEstate, is a 557,000-sf speculative warehouse/distribution buildingat I-55 between Damen and Ashland avenues on Chicago's southwestside.
The Suburban Industrial Development of the Year was awarded toMelrose Business Center, 1600 N. 25th Ave., Melrose Park, a westernsuburb. Developed by Opus North Corp., the 458,620-sf project isone of the largest speculative industrial buildings built in theChicago area.
The Downtown Office Development of the Year is Dearborn Plaza,20 W. Kinzie St., a 385,000-sf, 17-story project developed by theAlter Group.
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