The workshop, held on December 11, 2015 further defined consistent standards regarding identified QSP industrial sites. Members concluded the workshop with a consensus that the Rockford Region Qualified Site Program would also incorporate the Shovel Ready Sites. As we further define and develop these criteria it is critical our program brings consistent credibility to the market. The Rockford Region Qualified Site Program is concerned with filling identified market gaps in the region’s portfolio of sites and ensuring that presented sites meet the needs of business prospects.
The goal is to ensure that developers, property owners, municipalities, utilities and other partners understand and utilize the criteria and standards developed in this program to create an inventory of pre-qualified, speculative sites ready for immediate development by end-users. Such sites will be added to the local and regional inventory and will be strongly marketed.
As the Rockford Region seeks to attract distributors and manufacturers, our QSP program gives us a strong competitive edge. Available, high-quality real-estate is the foundation of every site search and location decision. These QSP sites are an essential asset for our growth and economy. As these assets are developed in our region, it provides the opportunity for diverse, sustained investment.
701 Crystal Parkway, Belvidere, IL
25,535 sq ft expandable building space
7.17 acres
$3,995,000
23 ft ceilings, 2 docks and 1 drive-in door.
Subject property located within the Sager Corporate Park.
Contact: Shane Van Sickle
The Business Park at Spring Creek Lakes
39,751 sq ft building space
24 acres
24 – 32 ft ceiling heights, 50 x 52 ft bay spacing, Flexible space tenancy, interstate viability and flexible lease/buy/build options.
Contact: Ryan Fitzgerald CCIM or Nathan Bryant CCIM
730 Landmark, Belvidere, IL
50,100 sq ft Building – 185,130 sq ft Land
Excellent building on the corner of Landmark and Newburg. Fully air conditioned, 15,000 sq ft available, 2 offices at 612 sq ft, 2 docks and 18 ft ceilings.
Visit: www.illinoiscommercialexchange.com/listing/29622641
13296 IL RT 72
75 Acres
$7,574,561 ($43,283 per acre)
Commercial property with frontage on HWY 251 and IL RT 72. Located in the Village of Davis Junction. Owner willing to sub-divide.
Visit: www.illinoiscommercialexchange.com/listing/28420472
Hannover Messe – April 25-29, 2016
Hannover, Germany
The RAEDC will be participating as part of the Greater Chicagoland Area showcasing our manufacturing capabilities, aerospace cluster as well as aspects that make doing business in our region great.
Connect with RAEDC at the event
Commercial Real Estate Forecast – Jan 20, 2016
Visit the RAEDC exhibit during the event at the Hyatt Regency Chicago. Director of National Business Development at RAEDC will be one of the exhibitors at the event making further connections with Chicagoland Site Selectors and Real Estate Professional.
Fehr Graham Expands
Engineering and Environmental firm Fehr Graham announced its acquisition of civil engineering and land surveying firm Arnold Lundgren Associates (ALA) of Rockford, Illinois. Fehr Graham has also acquired the Springfield, IL civil/structural engineering and land surveying firm Coombe-Bloxdorf P.C.
Taurus Die Casting Opens US Manufacturing Center
As part of the EDGE tax credit approval process reinstated by Governor Rauner, the Illinois Department of Commerce announced Taurus Die Casting LLC, an Italian based company will open its first U.S. based operation in Rockford, IL. Taurus Die Casting will create 37 full-time jobs through its $6.4 million investment in a 44,000 sf production facility. Taurus Die Casting is the manufacturer of high precision zinc die casted parts.
Good News for I-90 Users
The ramp at Irene Road in Belvidere, IL is open! The Illinois Tollway has completed the $13 million exchange and bridge rebuild as part of the larger $12 billion dollar, 15 year capital program, Move Illinois: The Illinois Tollway Driving the Future.
Accuride Rockford Operations Wins 2015 AME Award
Congratulations to Accuride Wheel End Solutions’ Rockford Operations! They received the 2015 AME Excellence Award. In 2013 Accuride chose to invest $40 million into upgrading the Rockford location, improving processes and capabilities. The new plant consolidated three facilities into one keeping 410 jobs in the Rockford Region.
Kaney Aerospace has moved!
Kaney Aerospace announced the move of its headquarters to 1321 Capital Drive in Rockford, IL. Kaney’s new 27,000 square foot facility is now home to its engineering, manufacturing (Ardekin Precision) and FAA repair station businesses under common leadership.
Did you know the RAEDC works to keep businesses in the Rockford Region? The RAEDC often works behind the scenes to facilitate supply chain partners, workforce development, growth planning or succession planning. Find out how we can help your business with a Voice of the Customer meeting.
Contact the Business Retention and Expansion team.
