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Chicago & Midwest  + Greater Chicagoland  + Industrial  | 
Venture One and CRG will develop an 897,000-square-foot build-to-suit for Central Steel & Wire at Gateway 57 in University Park, IL

Venture One, CRG Break Ground on 897K-SF Build-to-Suit

Co-developers Venture One Real Estate and CRG broke ground on an 897,000 square-foot build-to-suit facility for Central Steel and Wire (CS&W), a Ryerson Holding Corp. Company, at Gateway 57 Business Park in University Park, IL.  

The new facility will service as CS&W’s headquarters and operations hub. The facility is the third development at Gateway 57, a 355-acre master planned development in University Park located at the southeast corner of Steger Road and Central Road.  

Clayco will serve as the design-builder, Lamar Johnson Collaborative will act as the architect and Jacob and Hefner and Associates will be the civil engineer on the project.  

Dirk Riekse, Jordan Rovito and Sean Henrick of Cushman & Wakefield represented CS&W. Jason West and Ryan Klink of Cushman & Wakefield represented the landlord. The facility is set to be completed in the spring of 2023. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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