Downtown Rockford development has been so busy in the past six months, it’s difficult to keep up.
Construction has begun on the Reclaiming First indoor sports facility in the former Ingersoll building.- Gary Gorman plans to build a $64 million, 150-room hotel and convention center on South Main along the Rock River (rendering pictured).
- Joseph James Partners wants to spend $14 million to create a boutique hotel by adding three floors to the Trekk building.
- The historic Rockford Trust Building has gotten approval to be converted into 62 apartments.
Additional links:
City Council roundup on the 2 hotels and apartment building
How Reclaiming First drives economic development
INDUSTRIAL/MANUFACTURING/WAREHOUSE & DISTRIBUTION
Address: 545 Blackhawk Park Ave., Rockford
Total SF: 146,817
Zoning: I-2, heavy industrial
Year Built: 1956
Special Features: Former Mattison Technologies property. Recently insulated R-19 ceilings. A 240′ x 70′ x 46′-6″ high bay w/40-ton crane 30′-6″ under hook and three 600′ x 40′ bays w/15-ton crane 20′ under hook. Two 5,000 amp services, 480 & 240. 12.63 acres, perimeter fenced 5′ & 6′ high.
For More Info: Ernie Hunter Ernie@ErnieHunter.com 815.494.1344
INDUSTRIAL
Address: 1354 Clifford Ave., Loves Park
Available SF: 459,643 (divisible, four sections)
Zoning: IG, general industrial
Ceiling Height: 14′ and 20′ clear height
Years Built: 1953-1966
Special Features: 50′ x 432′ crane bay. 11 docks with levelers, 2 internal dock bays. 2 hydraulic freight elevators, 1 passenger elevator. Security system and fenced perimeter. 4 air compressors. Back-up generator. Fiber feed. Recent lighting upgrades. Parking: 950 exterior spaces, 490 spaces in parking garages.
For More Info: Karen Walsh karen.walsh@cbre.com 815.218.3438
INDUSTRIAL/LIGHT MANUFACTURING
Address: 5196 27th Ave., Rockford
Total available SF: 44,161
Zoning: I-1, light industrial
Ceiling Height: 16′ to 17′
Year Built: 1978
Special Features: 2 docks. 4 overhead doors. 2,000 amp electric. Bus bars. Compressed air lines, 2 air compressors, paint booth and tool crib. For sale or lease.
For More Info: Tracy Eastman tracye@dickersonnieman.com 815-381-1120 (office) 815.979.4926 (cell)
INDUSTRIAL
Location: 1221 Research Pkwy., Rockford
Total available SF: 32,736
Zoning: general industrial
Ceiling Height: 18′
Features: Data center/disaster recovery facility could be repurposed as back office/call center. Steel/concrete construction. 10,000 SF raised floor area (expandable). Dual 2,500 KVA power feeds from separate ComEd substations to property. Expandable.
For More Info: C. Shane Van Sickle svansickle@lmcos.com 815.639.0034 (office) 815.979.0242 (cell)
LAND
Address: 4900 Linden Road, Rockford
Size: Shovel-ready site with up to 20 acres available; can be divided
Description: Near I-39, with easy access to I-88 and I-80. Surrounded by light manufacturing. Municipal water and sewer. Owned by Cord Construction, which can build-to-suit.
For More Info: Craig Erdmier 815.965.6630 erdmier@cordconstruction.com
Address: Interstate Crossings at I-90 and Highway 173, Machesney Park
Size: 90-acre park, with lot sizes to suit
Description: Exceptional visibility and access to I-90 on the I-39 Logistics Corridor. TIF, other incentives available. Zoned industrial/flexible/commercial. Amenities within a mile.
For More Info: Bharat Puri 815.229.3000 bharat@firstmidwestgroup.com
For additional properties in the Rockford Area of Illinois, search site and building listings online or contact Dennis McCarthy at dmccarthy@rockfordil.com.
The right place to grow
All World Machinery Supply Inc., a machine tool parts supply company that also designs, services, builds and supplies hydraulic, pneumatic and motion-control parts, is gearing up to move this June near Rockton Road and Interstate 90 in Roscoe.
The company chose the site to gain great visibility and expand its working space. And it chose the Rockford Region because of its growth potential.
“We see many great opportunities in this region including manpower, skill sets, manufacturing base and location. All of these are great benefits for us as a business and the companies we partner with,” said David Koepp, President and CEO.
See page 7 of the RAEDC’s 2014 annual report to read why they are creating 58 new jobs and investing nearly $4 million in the Rockford Region.
All World Machinery Supply is not alone. Dozens have expanded or located here.
Rockford Region Economic Development District, which is changing its name this spring to Economic Development District of Northern Illinois, is a regional leader in grant research, writing, proposal review and project management for not-for-profit and government organizations.
Clients can expect the highest quality and best rates for grant-related services, thanks to an experienced team and the Rockford Region’s only Grant Professional Certified professional, Dana Northcott.
If you are looking for funding opportunities, EDDNI can help you at any level and build the strategic partnerships that open up your possibilities.
For more information, call 815.969.4252, email dnorthcott@myedd.org or go to www.myedd.org.
AIRE “Mission: Possible” Virtual Market Tour, April 16: Association of Industry Real Estate Brokers event, 2:30 to 5:30 p.m. April 16, River Casino, Des Plaines. Cost is $25 for members, $35 for nonmembers.
AIRE Lunch, Learn and Lead, May 12: 11:30 a.m. to 1:30 p.m. May 12. Details to come.
I-39 Logistics Corridor Association meeting, May 13: Details to come; watch the website for more.
SIOR May luncheon, May 26: Society of Industrial and Office Realtors event, 11:30 a.m. May 26, Cafe Le Cave, Des Plaines.
Rockford AirFest, June 6-7: See the U.S. Navy Blue Angels at the best air show in the Midwest, June 6-7, Chicago Rockford International Airport.
For a comprehensive list of business-related events in the Rockford Region, check the RAEDC’s Upcoming Events page.
Illinois is a good place to locate a business
Our state maintained its third-place ranking in Site Selection magazine’s annual recognition for top-performing states in capital investment attraction for new plant announcements.
Outlook strong for I-39 corridor this year
Investments in the I-39 Logistics Corridor in 2013 and 2014 represented an 81 percent increase over the previous two years and growth is expected to continue with a strong start already to 2015.
Stay up to date with the RAEDC’s news feed and our monthly President’s Newsletter!
The primary role of the Rockford Area Economic Development Council is to collaboratively improve the economic strength of the Rockford Region by helping employers retain and create quality jobs. The RAEDC staff works closely with many partners to serve as a one-stop resource for clients, to improve the competitiveness of the region and to engage the community in the daily work of economic development.
100 Park Avenue, Suite 100 | Rockford, IL 61101
t: 815.987.8118 | f: 815.987.8129 | dmccarthy@rockfordil.com
