DuPage Airport Authority (DAA), along with NAI Hiffman, DuPage County and the City of West Chicago, has announced three new companies are building facilities in the 800-acre DuPage Business Center in West Chicago, Illinois, the company said.
The new developments for Suncast Corporation, Norix Group, Inc. and Greco and Sons, Inc., coupled with two other currently pending transactions, amount to more than USD 24 million in purchased land, encompassing 170-plus acres.
Estimates show that the Suncast and Norix projects will jointly provide nearly 400 permanent and more than 600 construction jobs, generating a combined USD 94 million in economic impact. Employment estimates from Greco are still under evaluation.
All three deals bring high-quality and reputable brands to the Business Center.
Suncast Corporation, a market leader in custom wood structures and high-quality resin products, signed a long-term agreement with developer Pritzker Realty Group to lease a 782,000 square-foot facility. The USD 4.9 million land deal will pave the way to consolidate Suncast´s Batavia and Montgomery locations into a new warehouse spanning 40 acres.
Norix Group, Inc., a leading manufacturer of contract furniture specifically engineered and designed for continuous-use environments, signed a USD 2.7 million agreement to build a new 200,000 square-foot LEED-certified global headquarters on 22 acres.
Greco and Sons, Inc., an Italian foods distribution company based in Bartlett, signed a USD 6.2 million agreement to build a new food processing and warehouse center spanning 46 acres.
DuPage Business Center lies on DAA property that was originally developed with the assistance of a grant from the State of Illinois. The Business Center will become an employment hub, ultimately providing thousands of jobs and generating significant economic impacts for the region.
Currently, the Business Center is on track for 70 percent occupancy in 2019. DAA, the City of West Chicago and NAI Hiffman will continue working together to market the remaining 250 developable acres.