Industrial development at 4002 S. Princeton breaks ground

Local developer The Missner Group and joint venture partner Greystar-Thackeray recently broke ground on an industrial development at 4002 S. Princeton. The project will replace a vacant property that measures almost an entire block bound by the Penna Railroad to the west, Junction Railway to the north, S. Princeton Ave to the east, and W. Root St to the south. Soudan Metals occupies an L-shaped property that results in this site being an irregular shape. 

With Ware Malcomb on board for the design, the industrial project will deliver a one-story Class-A facility that encompasses 180,900 square feet of divisible space. With office space available to suit, the structure will be built of precast concrete painted with a bright color palette. With all truck loading facing the railroad abutment to the west, there will be two drive-in doors and 36 exterior docks for loading. 208 car parking spaces will be included for employees and visitors. 

The site plan has been designed to bring trucks to the site up S. Princeton Ave from W. Root St to avoid the homes along W. Root St. Cars can enter the site from both S. Princeton Ave or W. Root St and will be parking along the building or in the parking lot along S. Princeton Ave. Detention ponds have been added along both street frontages to use up leftover pieces of the irregular site and to beautify the site near its surrounding neighborhood. 

With the groundbreaking celebrated, construction has commenced and is expected to wrap up in Q2 2026.