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Chicago & Midwest  + Greater Chicagoland  + Industrial  |  October 10, 2021
Cold Summit Chicago I rendering Bedford Park IL cold storage industrial development
Paul Bubny
By: Paul Bubny

Cold Summit Launches Spec Development in Bedford Park

Cold Summit Development has launched Cold Summit Chicago I, a new multi-tenant speculative cold storage project in the southwest suburb of Bedford Park, IL. The project features a 213,600-square-foot development, including 7,000 square feet of office and fully convertible temperature-controlled suites.  

Sitework and construction have commenced with forecasted delivery by August 2022. The project follows developments by Cold Summit in Dallas and Phoenix. 

The project is located at 5020 W. 73rd St. in Bedford Park. The submarket is an industrial hub less than 15 miles from downtown Chicago and three miles from Midway Airport, with the project site adjacent to the CSX intermodal terminal, the largest in the CSX network. 

“Chicago is a premier market for industrial real estate, serving last-mile distribution to the third-largest metro population in the U.S. as well as filling its role as a national intermodal logistics hub,” said Cold Summit COO Alex Langerman. 

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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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