
Industrial Development Boom Comes to Chicago’s South Suburbs
An industrial boom is now underway in Chicago’s south suburbs that’s expected to create thousands of jobs and attract new investors and businesses to the region, the Chicago Business Journal reported. According to the nonprofit Chicago Southland Economic Development Corp., at least 3,000 permanent jobs will be created from planned industrial developments.
“For several years industrial development was underutilized, so my organization has decided to focus on industrial only because it is a unique asset class in the Southlands,” Reggie Greenwood, executive director of the Chicago Southland Economic Development Corp., told the Business Journal. Greenwood said access to highways, available workforce and available land are three main reasons the Southland is ideal for industrial users.
Construction on business parks in Tinley Park and Glenwood is expected to begin this summer, including one development that will be located across the street from a newly built Amazon fulfillment center in Matteson.
- ◦Development