Ryan Companies celebrates groundbreaking of third phase of Pullman Crossings

Ryan Companies recently celebrated the start of construction on a 170,000-square-foot speculative industrial facility at Pullman Crossings. Pullman Crossings is a 50+ acre industrial park that is part of Pullman Park, a 180-acre, mixed-use development being developed by Chicago Neighborhood Initiatives. 

The 10-acre site, located in the historic Pullman neighborhood at 103rd Street and South Woodlawn Avenue, is just minutes away from major interstates including the Bishop Ford Expressway, Highway 20 and Interstate 57. 

This project marks Ryan Companies’ third phase of Pullman Crossings with the final phase expected to kick off later this year. The building will include desirable amenities such as outdoor eating areas, exterior bike racks, ESFR fire protection, and a 32-foot clearance height in the warehouse. The flexible design will accommodate a wide range of uses including warehousing and distribution, light manufacturing and several other light industrial uses, as well as provide new Class A space to a supply-constrained submarket.

Ryan formed a joint venture with Washington Capital Management Inc on behalf of its clients. Ryan is also developing and building the facility. Bankers Trust Company is providing the construction financing for the project. The facility is expected to be completed by Q1 2025.