1. 2 million sq. ft.
The Opus Group, in a joint venture with AEW Capital Management LP,
plans to construct a 1. 2 million-square-foot industrial warehouse in Joliet, Illinois. Located in Chicago’s
Interstate 80 submarket, the
development will feature 36-foot
clear height ceilings, an ESFR
sprinkler system, more than
200 loading docks and parking
for up to 450 trailers and 225
cars, with room for expansion.
The speculative building, which
has been designed to meet the needs of the e-commerce and intermodal
logistics industries, will be able to accommodate a single user or two tenants of 500,000 square feet or more. The project is slated for completion in summer 2018.
760,000 sq. ft.
Trammell Crow Company and its partner Allstate have begun construction on phase II of King Mill Distribution Park in Atlanta. The
760,000-square-foot warehouse building will feature 36-foot clear
height ceilings, ample trailer storage
and employee vehicle parking, and
a ;exible design that can accommodate multiple tenants with two
separate entrances. The project is
expected to be completed in the
third quarter of 2017. TCC and
Allstate completed construction of
phase I, which consists of 847,000
square feet fully leased to Wayfair, a
Boston-based e-commerce retailer, in April 2016.
300,000 sq. ft.
New York Mayor Bill de Blasio has announced a $136 million transformation of Brooklyn’s industrial waterfront. The Made in NY Campus
project, conceived by the New York City Economic Development Corp.,
will create 300,000 square
feet of new garment manufacturing and ;lm/television
production spaces at Bush
Terminal in Sunset Park.
WXY architecture + urban
design created the project
master plan and is providing
conceptual design services. Pedestrian-friendly streetscape improvements and new plaza spaces will provide an enhanced sense of place for
tenants and community residents.
Historic landmark locations, like
Macy’s in Herald Square, often distinguish ;agships. Some newer retailers
have located their ;agships within
historic buildings, while others have
used dramatic architecture to turn
their stores into must-see destinations.
VIP spaces like lounges and private
;tting rooms are amenities that luxury
brands use to woo their best shoppers. For other retailers, community
and event spaces attract media and
shopper attention. ■
By James Cook, director of research, retail, JLL
For more information: See “Flagship Con;den-tial,” http://link.jll.com/Flagship-Con;dential,
which includes itineraries for self-guided ;agship
tours in New York, San Francisco, Chicago and