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Chicago’s Iconic Morton Salt Site Set for Redevelopment
Connect Retail West is set for January 25th at the Hurley Surf Club Pacific City in Huntington Beach, CA. Here’s where to get more information and register.
Chicago-based R2 Companies acquired the iconic Morton Salt, Inc. property at 1329 N. Elston Ave. in Chicago for $15 million. The developer plans to revitalize the 4.25-acre site into a mixed-use office, restaurant, retail and entertainment development called the Salt District. The riverfront property is located within the 760-acre North Branch Corridor.
Morton Salt will retain its branded rooftop, and relocate an R&D Center into 20,000 square feet from Elgin, IL. The property previously served as a packaging and warehousing operation.
R2 Companies’ Matt Garrison says, “It is the most recognizable building in the North Branch Corridor, with unique attributes including dramatic 50-foot ceiling heights, column free space and over 500 linear feet of Chicago River frontage. The project will create an important access point to the Chicago River, provide more green space and serve as a retail and entertainment anchor for Goose Island.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development