(Itasca, IL – December 3, 2014) – PREMIER Design + Build Group, LLC held a groundbreaking ceremony October 23, 2014 on behalf of Bridge Development Partners, LLC for Bridge Point 94 in Libertyville, Illinois. Among the attendees were Libertyville’s Mayor Terry Weppler, Economic Development Coordinator Heather Rowe, Chair Plan Commissioner Mark Moore, Building Commissioner David Fischer, Village Administrator Kevin Bowens, and Associate Planner Johanna Bye. Also in attendance were representatives from Wells Fargo, Avison Young, Cornerstone Architects, and Pearson Brown.
Bridge Point 94 will consist of two speculative warehouses located in Lake County; Building A will span 185,670 square feet, Building B 220,542 square feet. Both speculative warehouses will be built with load-bearing pre-cast wall panels and have 56 exterior dock positions. The two facilities will also feature a concrete parking lot with 536 stalls.
“Bridge Point 94 fills a need in the Lake County industrial market for modern and more functionally efficient space. The acquisition of these 21 acres in Libertyville has allowed for the development of two new industrial facilities totaling over 400,000 square feet,” states Bridge principal Mark Christensen. “Close proximity to the I-94 interchange and Illinois routes176 and 137 creates a nice opportunity for small to mid-sized industrial end users preferring well located Lake County locations.”
Anticipated completion of the project is 2nd quarter of 2015.
In conjunction with the groundbreaking ceremony, PREMIER and Bridge Development Partners, LLC observed Breast Cancer Awareness Month by supporting the Lynn Sage Cancer Research Foundation. Lynn Sage is one of the nation’s leading breast cancer research and education charities, founded in 1985 in memory of Lynn Sage, a Chicago-area woman who endured a six-year struggle with breast cancer.
Mark Melone with PREMIER is the project manager and Johnathan Nelsen is field superintendent. Cornerstone Architects are delivering architectural services and Pearson Brown is the civil engineer. The project is being financed by Wells Fargo, and John Hauser and Michael Fonda with Avison Young are brokering the buildings.
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