Ravago Americas, a Belgian-based polymer and chemical distributor and plastics recycler, opened a 500,000 square foot warehouse east of Orchard Road, just west of the Burlington Northern Santa Fe railway tracks, at 2210 Nemetz Way. “Ravago’s arrival marks a major economic milestone for Montgomery,” Mayor Matt Brolley said in a release. “Their investment brings jobs, enhanced logistic capabilities, and demonstrates Montgomery’s commitment to development, growth, and our ability to support world-class enterprises.”
Even as construction costs, entitlement delays and municipal hurdles stacked up, Karis Cold pressed ahead with its latest development: 3815 S. Ashland Ave., a 99,530-square-foot cold storage facility rising in Chicago’s historic Stockyards district, dubbed Karis Stockyards. Development Solutions Inc. serves as the project’s general contractor and the leasing team features John Basile, Alex Sutterer and Packy Doyle of NAI Hiffman. The project is set to deliver in July.
The panel was moderated by Jacob Karamol, LEED AP of Development Solutions Inc., who spoke with panelists David Michael, vice president at Peak Construction Corporation; Michael Pacini, president of PREMIER Design + Build Group; and Matthew Harrity, project estimator and business development lead at TW Chicago.
Development Solutions, Inc. (DSI) welcomes Mike Ruffolo and Brian Gilsinn as Senior Project Managers, further enhancing the firm’s technical leadership in commercial construction.
With 20 years at DSI, Shannon has led over 2,000,000 SF of workplace interiors across Chicago.
Brown Commercial President and Managing Partner Dan Brown, SIOR, negotiated the transaction on behalf of Cratos Industrial in the Chicago market. A groundbreaking, attended by officials from DSI Group, Cornerstone Architects and Cratos Industrial, was recently held.
Built by DSI, the Oakbrook Center location – opposite Neiman Marcus and next door to Tiffany — has a Cartier Espace, a Rolex shop in shop whose walls span 30 feet tall, the largest Chanel shop-in-shop concept in America, a Tudor boutique and an Omega boutique.
In partnership with strategic developer Karis Cold, the DSI Group is constructing two cutting-edge cold storage facilities totaling 365,000 square feet in Chicago, Illinois, and Jacksonville, Florida. These state-of-the-art facilities aim to meet the growing demand from regional and national food manufacturers, retailers, and food service providers for high-quality cold storage solutions.
Jeweler CD Peacock, which has been in business since 1837, on April 3 opened a luxury 20,000 square feet flagship store, The CD Peacock Mansion at 298 Oakbrook Center. Inspired by lenticular cloud formations, the structure incorporates a serpentine glass facade that gives way to sun-drenched interiors, featuring organic forms, custom furnishings, and a heightened experiential environment, according to information from CD Peacock.
Karis Cold and DSI South ceremonially broke ground on Nov. 9 on the speculative 265,264-square-foot freezer-cooler warehouse called Jacksonville Cold. DSI South will build the $25 million shell project on 24 acres at 10105 Pritchard Road. The tenant build-out will boost that investment.