Dermody Properties Plans 198-Acre WI Logistics Campus
Dermody Properties acquired the former We Energies power plant in Pleasant Prairie, Wisconsin, along with the site’s planned redevelopment as LogistiCenter at Pleasant Prairie. The planned 198-acre campus will accommodate build-to-suit opportunities in three state-of-the-art logistics buildings.
Mass grading is underway, with building pads ready for vertical construction by the fourth quarter of 2023. The park is conceptually approved to accommodate three buildings totaling 2.4 million square feet with the flexibility to be modified or consolidated.
LogistiCenter at Pleasant Prairie has access to abundant power and the site benefits from large quantities of freshwater service from Lake Michigan through the Village of Pleasant Prairie. In April, Microsoft gained approval to build a $1B data center in nearby Racine.
“LogistiCenter at Pleasant Prairie is set apart from other development opportunities in the Midwest, adding a great deal of value for industrial uses beyond traditional warehousing,” said Neal Driscoll, Midwest region partner at Dermody Properties.
Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories.
With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.