DUPAGE COUNTY

THE PROVEN AND PREMIER
GLOBAL BUSINESS LOCATION

 

Choose the business-friendly environment, where commerce flourishes.
Choose the high quality-of-life, where a skilled workforce thrives.
Choose the globally accessible location, where opportunity arrives from every direction.

 

Choose the people, the place, the prosperity of DuPage County.

 

CHOOSE THE DUPAGE DIFFERENCE.

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Quarterly Communities Meeting

DuPage County municipalities are invited to join Choose DuPage for a Quarterly Communities Meeting, Luncheon & Networking. At this meeting, we will hear from representatives from the Illinois Department of Commerce & Economic Opportunity about CORE (Creating Opportunities for Retention and Expansion).

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Tiny cars may solve big transportation problem

Tiny cars may help solve a very big problem in transportation. “The first mile/last mile challenge” is an issue that says you can only take a bus or train so far. But then how do you get to your final destination, when it’s not an easy walk away?

 

One Chicago area company is hoping it has an affordable and environmentally friendly solution: Tiny cars that may soon drive themselves. Little Dash Cars are 100-percent all electric vehicles that come from a Burr Ridge company called Innova. They are in Itasca as part of a pilot program. WGN’s Sarah Jindra has the details.

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Danco Converting to Consolidate, Relocate Operations to Carol Stream Facility

Danco Converting

Cushman & Wakefield has represented Chicago-based Danco Converting in the acquisition of an 110,071 rentable square foot manufacturing facility located at 455 E. North Ave. in Carol Stream, Ill. Danco Converting, a commercial paper converting company, will consolidate and relocate its two Elk Grove Village, Ill., operations to the Carol Stream facility.

 

Senior Director Chris Lydon, SIOR, of Cushman & Wakefield and Principal Chad Arthur of Arthur Brokerage Group arranged the acquisition on behalf of Danco, as well as the sale of its former facility located at 1901 Greenleaf Avenue in Elk Grove Village. “Our growing customer base has fueled the need for additional production capacity,” said Dan Mulvey, President and Founder of Danco Converting. “The new facility will dramatically increase our production efficiencies and allow for long-term manufacturing and operational excellence. This is a testimony to our continuous commitment to providing our customers with outstanding service.” The expansive facility will enable Danco to serve its growing customer base while efficiently operating under one roof. The company will bring approximately 65 new jobs to the new space and will also benefit from DuPage County’s attractive real estate tax basis. “This mission-critical move will offer endless opportunity for Danco’s continued business growth,” said Lydon. “We were fortunate enough to work with Dan Mulvey and his team to find Danco the perfect home within North DuPage County, a premier industrial submarket where demand is high.” Situated on 6.24 acres, 455 E. North Ave boasts 397 feet of frontage along Route 64/North Avenue and includes a combination of two-story office space, production and warehousing areas. Other key features of the warehouse and production asset include 14- to 20-foot clear heights, five exterior docks, one drive-in door, 8,000 amps of electricity and airlines throughout the facility. The centrally located property offers proximity to O’Hare International Airport, convenient access to major Chicago infrastructure and is well-positioned near an excellent labor pool.

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DuPage County New & Expanded Companies, 2012-2016 Highlights

The following is a summary of projects from 2012-2016. The information below was prepared by Choose DuPage from various sources. In some cases, information may be estimated.

 

2012

Ace Hardware

2222 Kensington Ct., Oak Brook
Type of Project: Lease Renewal
Investment: $28 Million
Jobs Created or Retained: 740

 

Edward Don

9801 Adam Don Pkwy., Woodridge
Type of Project: Headquarters
Square Feet of Development: 362,500
Investment: $25 Million
Jobs Created or Retained: 400

 

Ferrara Candy

One Tower Ln., Oakbrook Terrace
Type of Project: Headquarters
Square Feet of Development: 39,000
Jobs Created or Retained: Unknown

 

Greco and Sons Foods

1550 Hecht Dr., Bartlett
Type of Project: Expansion

Square Feet of Development: 33,000
Investment: $2 Million
Jobs Created or Retained: 100

 

Midwestern University Dental Clinic

345 Lacey Rd., Downers Grove
Type of Project: New Facility
Square Feet of Development: 193,200
Investment: $120 Million
Jobs Created or Retained: Unknown

 

Universal Technical Institute

2611 Corporate Dr., Lisle
Type of Project: New Facility
Square Feet of Development: 185,000
Investment: $37.5 Million
Jobs Created or Retained: 150

 

2013

Haynes Furniture/The Dump

2660 S. Highland Ave., Lombard and 164 N. Meadow Rd., Addison
Type of Project: New Retail & Warehouse Space
Square Feet of Development: 349,000
Jobs Created or Retained: 350

 

C. Cretors & Company

176 Mittel Dr., Wood Dale
Type of Project: Relocation
Investment: Unknown
Jobs Created or Retained: 95

 

Grundfos

2001 Butterfield Rd., Downers Grove
Type of Project: Relocation
Square Feet of Development: 11,000
Investment: $4.7 Million
Jobs Created or Retained: 40

 

Greencore Foods

10350 Argonne Dr., Woodridge
Type of Project: Expansion
Jobs Created or Retained: 150

 

Flavorchem

1528 Brook Dr., Downers Grove
Type of Project: Expansion
Square Feet of Development: 47,000
Investment: $7 Million
Jobs Created or Retained: Unknown

 

Orbus Exhibit & Display Group

9033 Murphy Rd., Woodridge
Type of Project: Headquarters
Square Feet of Development: 350,000
Investment: Unknown
Jobs Created or Retained: 300

 

2014

Houghton Mifflin Harcourt

One Pierce Place, Itasca
Type of Project: Relocation
Square Feet of Development: 110,000
Jobs Created or Retained: 340

 

Addus Healthcare Inc.

2300 Warrenville Rd., Downers Grove
Square Feet of Development: 59,000
Investment: $9.4 Million
Jobs Created or Retained: Unknown

 

Ferrara Candy

201 Carlow Dr., Bolingbrook
Type of Project: New Facility
Square Feet of Development: 75,000
Investment: Unknown

 

Fresh Thyme Farmers Market

2650 Warrenville Rd., Downers Grove
Type of Project: Headquarters
Square Feet of Development: 40,000
Jobs Created or Retained: 100

 

True Heading USA

55 Shuman Blvd., Naperville
Investment: $55 Million
Jobs Created or Retained: 180

 

Sirva

1 Parkview Plaza, Oakbrook Terrace
Type of Project: Relocation
Square Feet Leased: 53,372
Jobs Created or Retained: Unknown

 

2015

Atlantic Packaging

700 Kimberly Dr., Carol Stream
Type of Project: New Facility
Square Feet of Development: 387,443
Investment: $40 Million
Jobs Created or Retained: 100

 

Corecentric Solutions Inc.

191 E. North Ave., Glendale Heights
Type of Project: New Facility
Square Feet of Development: 350,000
Investment: $17.5 Million
Jobs Created or Retained: 350

 

M&R Printing Equipment

440 Medinah Rd., Roselle
Type of Project: Lease
Square Feet of Development: 319,885
Investment: $19 Million
Jobs Created or Retained: 600

 

Robertshaw

1222 Hamilton Pkwy., Itasca
Type of Project: Headquarters
Square Feet of Development: 54,150
Investment: $6.5 Million
Jobs Created or Retained: 125

 

Semblex Corporation

900 Church Rd., Elmhurst
Square Feet: 98,233
Investment: $10 Million
Jobs Created or Retained: 186

 

Shorr Packaging Corp.

400 Ferry Rd., Aurora
Type of Project: Headquarters
Square Feet of Development: 242,732
Jobs Created or Retained: 140

 

Fellowes Inc.

1789 Norwood Ave., Itasca
Type of Project: New Facility
Square Feet of Development: 500,000
Investment: Unknown
Jobs Created or Retained: 125

 

DS Containers

DuPage Business Center, West Chicago
Type of Project: New Facility
Square Feet of Development: 300,278
Investment: Unknown
Jobs Created or Retained: 15

 

2016

 

American Academy of Pediatrics

 

345 Park Blvd., Itasca
Type of Project: Headquarters
Square Feet of Development: 183,000
Jobs Created or Retained: 480  

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Why Real Estate Developers Should Choose DuPage

 

John Carpenter's 4-Point Plan for Economic Development

 

John Carpenter Choose DuPage

Choose DuPage CEO John Carpenter is aggressively pursuing business in DuPage County. Before he speaks at Bisnow’s “State of the Suburbs” event, Aug. 23 at the Westin Lombard Yorktown Center, John laid out four approaches he’s identified for further economic growth and development in the area. He's an expert at the power of persuasion. Before John joined Choose DuPage last September, he was SVP at the Chicagoland Chamber of Commerce, where he was responsible for public policy initiatives and leading the charge on legislative affairs. Prior to that he was VP of corporate affairs for American Airlines. John says he inherited a wonderfully talented staff that is dedicated to championing DuPage County as an complement to downtown Chicago as an economic generator. Here's what John has planned to compel business leaders and commercial real estate professionals to, well, choose DuPage County for their next major projects.

 

1. Commercializing Ideas At Argonne National Laboratory

In May, Argonne National Laboratory launched Chain Reaction Innovations (CIR), a onsite tech incubator for science and energy entrepreneurs, and is working with Choose DuPage to attract companies that would best benefit from Argonne’s world-class facilities and research. John says Argonne’s incubator is different from Choose DuPage’s Rev3 Innovation Center, which is geared toward innovation startups.

 

2. Solving The “Last Mile” Commute Problem

One persistent issue with companies that call the suburbs home is finding ways to make the commutes of office workers who choose not to drive to their jobs easier. Many office buildings aren't conveniently located to public transit alternatives such as train stations, a problem known as the last-mile commute. John says Choose DuPage and Burr Ridge-based Innova EV are exploring a pilot program with Metra that would use two-, four- and eight-passenger electric vehicles to get employees to work. If successful, it could lay the groundwork for similar programs throughout DuPage County. John says Choose DuPage is also exploring other options, such as bike share programs, with business leaders.

 

3. Developing And Encouraging Growth At DuPage Business Center

This 800-acre campus in West Chicago has a diverse communication system and accessible utilities onsite, allowing for a variety of layout and facility designs including build-to-suit, and has access to a broad transportation network John says has been underutilized for some time. John tells us Choose DuPage is talking with several interested parties about relocating to DuPage Business Center. DS Containers is adding 251k SF to its lease and will occupy a total footprint of 551k SF.

 

4. Facilitating Western Access To O’Hare Airport

This is well underway, with the ongoing extension of the Elgin-O’Hare expressway. The project, which is expected to be completed in 2025, dovetails with the Chicago Aviation Department’s expansion and modernization of O’Hare International Airport. Having simpler access to O’Hare from the western suburbs will save $145M in travel delays by 2020; create over 13,000 jobs annually during the project; boost local tax revenues by $29M annually; and most important, lay the groundwork for the creation of 65,000 jobs by 2040.

 

Published by: Bisnow | View Original Article

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