Episode 40: Chicago Southland with Reggie Greenwood and Scott Duerkop

JLL Chicago Industrial Real Time

English - October 04, 2021 18:04 - 35 minutes - 28 MB - ★★★★★ - 11 ratings
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Previous Episode: WMRE's Common Area Podcast: The Changing World of Distribution

Next Episode: Episode 41: Driving Forward: Truck Terminals featuring Dean Brody

Reggie Greenwood, Executive Director of the Chicago Southland Economic Development Corporation and Scott Duerkop join the podcast to discuss the unique logistics and transportation assets and industrial site opportunities in the region.

Show Notes

2:20 Defining the geography of “Chicago Southland” which encompasses South Chicago, South Cook County, Eastern Will County and the I-57 and IL-394 Corridors.

4:00 The recent sale of the Balmoral Horse Racing Track in Crete could be a potential industrial development site.

7:25 The CN Intermodal terminal in Harvey is a major transportation hub in the region.

8:50: Scannell Properties has acquired 140 acres in Tinley Park for the development of up to three buildings.

11:25 Governors State University has a Supply Chain Innovation Center to help with job training and recruitment.

16:00 The construction of a South Suburban Cargo Airport could lead to the development of more industrial facilities.

23:30 Two large E-commerce fulfillment centers have opened in South Cook County in Markham and Matteson.

25:30 The new full interchange at I-57 & I-294 has contributed to the success of the region as a whole.

33:50 Housing prices have increased substantially across region in the last year.