A rendering provided by Logistics Property Company displays the design of their upcoming development at 3711 S. Ashland Ave.

"Last Mile" Warehouse on Ashland Avenue to Break Ground This Summer

Published July 17, 2019

A vacant 6.4-acre property at 3711 S. Ashland Ave., Chicago, is set to begin a full rehabilitation and build-out this summer, with industrial property developer Logistics Property Company announcing the pending construction of a warehouse designed to fulfill "last mile" shipping needs.

"There aren’t any other sites like this in the city," said Logistics Property Company's Aaron Martell, executive vice president for the firm's Midwest region. "It’s a rarity to find a site this close to the central business and entertainment districts. The project provides true one-hour delivery to The Loop."

3711 S Ashland Ave Logistics Property Company development lot 20190716The warehouse site on the northeast corner of West 38th Street and South Ashland Avenue has been vacant since 2013.The property development, built on the site of a former warehouse destroyed in a January 2013 fire, plans for construction of a new building sized at 136,888 square feet, plus 26 exterior truck loading docks and more than 130 car parking spaces. Logistics Property Company intends to build a "Class A" facility, Martell said, which means "a modern aesthetic, tremendous usability and extended durability."

Specifically, the property will offer above-standard clear heights, fully concrete truck courts, room for truck maneuverability and circulation, and maximum dock positions, he said. "Our buildings stand out. They’re something we’re proud to own for years, which fits with our long-term hold strategy."

Martell noted the site's proximity to public transportation, its on-site parking and the nearby amenities for the facility's workers (including Marz Community Brewing Company). A graphic provided by Logistics Property Company also highlighted the site's location close to truck-friendly, four-way interchanges along the Eisenhower and Dan Ryan expressways. All of this provides "a really competitive advantage for users trying to attract talent," Martell said.

Logistics Property Company 3711 S Ashland Ave transport mapA location map highlights transportation infrastructure near the warehouse site.When asked about the impact of increased commercial traffic on the neighborhood, Martel said that the proximity to the city will attract tenants that use lighter, last-mile transport methods. "We're thrilled to have multiple access points to Ashland," he said.

Martell said that their projects similar to the 3711 S. Ashland Ave. site typically create 30 to 50 temporary construction jobs and 40 to 60 full-time jobs once the building is occupied and operating. "The project will be a great opportunity for job growth and employment in the city," he said.

Project specifications peg a delivery date of the first quarter of 2020 for the completed facility. Martell said that no tenants have signed yet, but interest has been strong, including from a couple prospective tenants each looking to occupy the entire premises. "We anticipate the velocity to continue once we start coming out of the ground and going vertical," he said.

"Our location on Ashland is outstanding," Martell said. "The market and product type continue to perform very well. We’re excited to be finding great opportunities and we’re always looking for more."

Logistics Property Company 3711 S Ashland Ave aerialAn aerial view of the Logistics Property Company's Ashland Avenue warehouse site illustrates its location relative to downtown Chicago.


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