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Ridge to Deliver New 179,000-SF Spec Project Near O'Hare in Q4

O'Hare Gateway Logistics Center to Break Ground in Mid-2018
March 1, 2018
Ridge has acquired a 10.5-acre parcel in Franklin Park, IL, for the site of a new 178,516-square-foot speculative project dubbed the O'Hare Gateway Logistics Center.

Located just southeast of O'Hare International Airport, the development at 9100 W. Belmont Ave. will feature 32-foot clear heights, low Cook County 6b taxes and nearby access to O’Hare’s South Cargo entrance, Canadian Pacific’s Bensenville Intermodal and I-294.

The industrial development arm of Transwestern Development Co., Ridge plans to break ground on the project in mid-2018 with a delivery date scheduled for year-end.

“We are excited for the rare opportunity to deliver modern infill distribution space in an O’Hare submarket that has significant barriers to entry,” said Kevin Mohoney, vice president at Ridge. “O’Hare Gateway Logistics Center will efficiently offer small-block modern space to a core segment of the O’Hare market that is perpetually underserved due to incredible land constraints.”

Jonathan Kohn of Colliers International has been tapped to lease the property on behalf of ownership. Harris Architects and Manhard Consulting have been selected as the project's architect and engineering firm, respectively.
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