Ryan Ori of the Tribune reports:
The former coal-fired power plant in Little Village is set to be demolished and replaced with a 21st-century use: warehouses to speed orders for online customers in Chicago.
Northbrook-based Hilco Redevelopment Partners has bought the former Crawford Power Generating Station as part of a $100 million-plus project to demolish the facility and replace it with up to 1 million square feet of warehouses along Interstate 55, Pulaski Road and the Chicago Sanitary and Ship Canal. No tenant has been signed.
The facility was one of the last two coal plants in operation in Chicago until 2012, when power company Midwest Generation closed the facility and its Fisk generating station in Pilsen. The Crawford plant opened in the 1920s.
Roberto Perez, president and managing director of Hilco Redevelopment Partners, said “70 acres in a perfect rectangle is almost impossible to find in downtown Chicago.”
Hilco is working on a community benefits agreement with 22nd Ward Ald. Ricardo Munoz on the Crawford redevelopment. “No. 1, I want to see it cleaned up properly, and No. 2, I want to see jobs go to local residents,” Munoz said. “It’s great that they’re going to repurpose the site, put it back on the tax rolls and bring jobs back to the site.”
Site cleanup and demolition is expected to take 14 to 24 months. Hilco will talk with prospective tenants during that time.
Hilco has been buying and redeveloping similar sites in other parts of the country, including Boston and Baltimore, as online retailers and other companies seek “last mile” distribution centers close to residential areas. The company signed leases with Amazon, FedEx Ground and Under Armour on a former Bethlehem Steel plant it is redeveloping into distribution space in Baltimore.
(click here to continue reading Former Little Village coal plant to be demolished, replaced with distribution center – Chicago Tribune.)
Good news, I guess, though I hope they use permeable pavement. Would have been nicer if that area had become a beautiful parkland instead of warehouses. But, still better than a heavy metal spewing power plant, especially if the site is cleaned thoroughly.