(For more retail coverage, click GlobeSt.com/RETAIL.)

WEST DUNDEE, IL-Opus North Corp. has broken ground on the Oakview Corporate Park, an industrial, multi-tenant development in West Dundee that will total 1.2 million sf and is scheduled for completion in 2010. The property is about a mile west of and Randall and Higgins roads.

“We’re really excited about the Elgin market; there is a flux of tenants moving into the O’Hare area,” Mike Yungerman, senior real estate director at Rosemont-based Opus North, tells GlobeSt.com.

The Oakview Corporate Park will feature build-to-suit sites from three to 30 acres, accommodating eight buildings on 75 of the 120-acre property. Forty-five acres have been set aside as wetlands and nature preserves.

“The village is excited to partner with Opus to build the first light industrial development within West Dundee’s corporate village boundaries,” Joseph Cavallaro, village manager for West Dundee, said in a statement. “The Opus development will help the village diversify its tax base.”

Opus Architects & Engineers is designing Oakview Corporate Park, and Opus North Corp. is building the development. Groundbreaking for the park infrastructure has started, and ground will be broken for a 154,000-sf speculative building in September, Yungerman says.

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

Once you are an ALM digital member, you’ll receive:

  • 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

*May exclude premium content
Already have an account?


© 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.

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.