CRE Midwest

PREMIER Design + Build Group breaks ground on speculative warehouse in Waukegan

Delany10

PREMIER Design + Build Group LLC has broken ground on a 218,500-square-foot speculative warehouse facility located in the Delany Commerce Center at 2431 Delany Road in Waukegan.

PREMIER Design + Build Group LLC has broken ground on a 218,500-square-foot speculative warehouse facility located in the Delany Commerce Center at 2431 Delany Road in Waukegan.

PREMIER Design + Build Group was selected by HSA Commercial Real Estate and Great Point Investors LLC to carry out all segments of the construction process for the northern Waukegan development.

Investors have decided that now is the optimal time to move forward with construction, as vacancy rates are decreasing and the need for industrial space is on the rise in Lake County’s industrial real estate market.

The area has not seen any development for some time as a result of the economy; however, evidence of growth has made the facility a possibility. The opportunity now exists for manufacturers, pharmaceutical companies and technology industries to move into the submarket of Chicago.

The new warehouse will sit at the southeast corner of Delany and Blanchard roads and cover approximately 25 acres of land. Interior fire protection for the 30-foot clear ceiling will be provided for by an ESFR (early suppression, fast response) sprinkler system. The exterior will provide 28 expandable exterior docks and four expandable drive-in doors.

The exterior of the warehouse will be comprised of load bearing Precast and glass storefront.

A new parking lot will be constructed, allowing for 310 automobile parking spaces and designated trailer parking as well. A traffic light on the recently widened Delany Road will grant access to the new facility, which is accessible from Interstate 94 and Highway 41.

Anticipated completion date for the project is the fourth quarter of 2013. The new facility will be capable of housing up to seven tenants.

Julie Mahnich of PREMIER Design + Build is the project manager overseeing the development, and Matt Robson is the project superintendent. Harris Architects Inc. is delivering architectural services, and Manhard Consulting LTD is the civil engineer. Tim Thompson of HSA Commercial is responsible for project leasing.