Ryan Companies, in a joint venture with Namdar Realty Group and Mason Asset Management, has announced the financial land closing and start of construction of a 160,000-square-foot speculative industrial facility at Pullman Crossings. This project comes just five months after the groundbreaking of another 170,000-square-foot speculative industrial facility and marks the final phase of Pullman Crossings, a 50+ acre industrial park within Pullman Park, a 180-acre, mixed-use development being developed by Chicago Neighborhood Initiatives (CNI).
“The final phase of Pullman Crossings represents an exciting next step in the continued growth of the South Side,” said Kyle Schott, vice president of real estate development, Ryan Companies. “With this development, we’re not only addressing the increasing demand for modern industrial space but also reaffirming our commitment to revitalizing this historically significant neighborhood.”
The 10-acre site for the new facility, located in the historic Pullman neighborhood at 10800 S Doty, is just minutes away from major interstates including the Bishop Ford Expressway, Highway 20 and Interstate 57. The building will feature 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, as well as light manufacturing and industrial, in addition to providing Class A space to a supply-constrained submarket.
"This is a pivotal moment for the South Side,” said David Doig, President, CNI. “This project exemplifies the power of collaboration between public and private sectors to drive inclusive economic growth. It will not only provide much-needed industrial space but will also create quality jobs and support the long-term prosperity of local residents and businesses.”
Ryan is developing and building the facility with construction financing provided by Bankers Trust. This final phase of Pullman Crossings is expected to be completed by August 2025.