Kennedy-King to Have $192M Expansion

A $192 million project has been announced for Kennedy-King College on Chicago's South Side.

New facilities that will provide increased space for academic programs will be constructed.

In addition, the campus will serve Englewood residents by providing community access to the library, day-care center, sports facilities, swimming pool, bookstore and restaurants.

The 40-acre campus will be located at 63rd and Halsted streets in the heart of Englewood's former business district.

The Public Building Commission of Chicago selected Chicago-based McClier Corp. as the construction manager. McClier will be responsible for soliciting bids as well as managing the construction process.

The project is scheduled to be completed by fall 2007.

The PBC board also selected Turner Construction Co. to serve in a contingency capacity in case a timely resolution of negotiations with McClier cannot be reached. The move was made as a means of maintaining the PBC's schedule for completing the project.

Chrysler Plant To Get Addition

A 500,000-sq.-ft. distribution center was announced for Chrysler Group's Belvidere Assembly plant.

The facility, to be located on 39 acres, will support the existing auto assembly plant's 280-acre campus on Interstate 90 near Belvidere Road in Belvidere.
Chrysler Group will add approximately 500 new employees to its auto assembly operations after the completion in October 2005 of the facility known as the JIT Sequence Center.

The JIT facility will feature a 25-ft. clear height, 105 truck docks and 36-ft.-wide, 850-ft.-long environmentally controlled transway to link the JIT Sequence Center with the Chrysler Group Assembly Plant.

The assembly plant, originally built in 1965, will be overhauled to produce a new array of vehicles for the 2006 model year. When the assembly plant and new JIT Sequence Center are fully operational in early 2006, two shifts will operate from the Belvidere Assembly Plant producing multiple future Chrysler Group models.

Pharmaceutical Campus Planned for Deerfield

A new headquarters campus for Takeda Pharmaceuticals North America Inc. will be constructed in Deerfield.

The 70-acre property is located at the northwest corner of the Interstate 94 and Lake-Cook Road.

The company plans to complete the first phase of construction in late 2006 with a 380,000-sq.-ft. headquarters campus consisting of two buildings.

When all of the construction phases are complete, the campus will accommodate up to five office buildings.

The Chicago office of Atlanta-based Thompson, Ventulett, Stainback & Associates Inc. Architects was selected as the designer.

TVS is partnering with Hines Interests Limited Partnership, a real estate development firm, that is acting as the development manager.

Developed Approved for Burr Ridge Town Center

The development of the Burr Ridge Town Center was recently approved.

The 20-acre site will contain about 216,000 sq. ft. of lifestyle retail and restaurant space, 33,000 sq. ft. of office space, 179 condominium units and a plaza. The facility will be located at the Interstate 55 and County Line Road interchange.

Construction is expected to begin in the late summer with a retail grand opening in late summer 2006. Retailers and restaurants have yet to be announced for the "lifestyle" development.

Marsh Store Under Way

Indianapolis-based Kite Realty Group Trust has announced that it has acquired a partially constructed Super K-Mart in Naperville and will fully redevelop the vacant building for $30 million.

The project will consist of approximately 170,000 sq. ft. of leasable space, anchored by a 70,000-sq.-ft. Marsh Supermarket. The remaining space will be filled with junior box retailers and small shops.

The Marsh Supermarket is under construction and is scheduled to open in late summer of 2005. Construction on the balance of the project is expected to commence in late summer of 2005.

Home Builders Confident In South Suburb Market