The development of a $943,000 accessory parking facility for a full-service recycling company in North Lawndale will be supported through a City-owned land sale approved today by City Council.
The 4.28-acres of City land at 2118 S. Kostner Ave. will be sold to Greenway Development LLC for the storage of empty trailers, containers, and trucks used to transport materials to and from its nearby recycling plant. A portion of the site will be used for a future material service yard.
Valued at $700,000, the land will be sold for $250,000 to help offset environmental remediation costs. The project, which is planned to include ornamental fencing and landscaping, is expected to add 35 jobs to the company’s existing 34-person workforce.
Greenway Development is an independent waste and recycling company that provides customized disposal services to contractors and commercial and residential properties.
Vacant since 1997, the site was used a variety of purposes before being used as an illegal dump in the early 1990s. The City acquired the property in 2000.
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