The facility will include a new home for tenant Forward Space LLC, a provider of innovative workplace solutions. The two-building redevelopment will be known as Bridge Point Wood Dale.
The first phase of the redevelopment of 700 North Wood Dale Rd. in the northwest Chicago suburb began in May with the demolition of four preexisting masonry buildings on the 21.5-acre site. The groundbreaking ceremony marked the beginning of construction on the two new structures. PREMIER is managing design + build services for both new warehouse buildings.
The 100,738-sq. ft. warehouse for Forward Space will utilize precast wall panels with form-liner accents and will feature curtain wall and clerestory glass elements. The 32’ clear height building will have two drive-in doors and 12 dock positions. Forward Space is a woman-owned, Steelcase authorized commercial furniture dealership that provides office furniture, workplace planning, procurement and delivery/installation across Chicagoland and Milwaukee.
Each Bridge Point Wood Dale building will have a 60’ concrete dock apron with heavy duty asphalt pavement for truck maneuvering. Forward Space’s building will offer parking for 183 vehicles and is slated for completion in spring 2020. The second building, a 241,888-sq. ft. speculative warehouse, also has a target delivery date of Spring of 2020.
Forward Space president and CEO Jenny Niemann has a vision for the company’s flagship location: “This will be an amazing space that addresses today’s workplace trends. It will be collaborative, technology-enabled, flexible and designed to accommodate Forward Space’s needs well into the future.”
According to Nick Siegel, vice-president at Bridge, “Bridge Point Wood Dale will be the most modern industrial development in the Chicago-O’Hare submarket, an already thriving industrial corridor in close proximity to O’Hare International Airport, I-290 and several other major thoroughfares.”
At the Sept. 25 groundbreaking ceremony, PREMIER’s senior vice-president and Midwest market leader Michael Long spoke: “Bridge has a reputation for development projects that align exceptionally well with changing market demands. PREMIER is honored to be their design + build partner on this latest venture.”
Alderman Art Woods of Wood Dale joined PREMIER and Bridge to celebrate the project’s launch. “This is a very momentous occasion for the city of Wood Dale,” said Woods. “This has been a collaborative effort between the city of Wood Dale, Colliers, Bridge Development Partners and PREMIER working with Forward Space to bring a crown jewel to the city of Wood Dale. We look forward to great things.”
PREMIER’s Phil Van Duyne will serve as project manager and Rich Pozzi will serve as project superintendent, working with Long and senior vice-president of field operations Ronald Nelsen.
PREMIER is teaming with Cornerstone Architects Ltd. for architectural design services. Swift Structural Design, LLC and Manhard Consulting will provide structural and civil engineering services for the project.
Colliers International represented the seller when Bridge purchased the vacant parcel earlier this year. CIBC Bank provided financing.