A $5.4 million warehouse and production facility would be developed in Austin through a City-owned land sale introduced today to City Council by Mayor Rahm Emanuel.
The vacant, 3.4-acre site at 825 S. Kilpatrick Ave. would be sold to The Will Group for the construction of a 60,000-square-foot industrial building with 32-foot ceiling heights, six loading docks, office space, parking, and landscaping. The company would relocate to the structure from two smaller facilities it currently leases.
Valued at $440,000, the property would be sold for $332,500 with the funds placed in escrow to cover potential environmental remediation costs.
The project is expected to support 60 construction jobs, retain 34, and create 14 new permanent jobs.
The 32-year-old, African-American-owned electrical equipment manufacturer and service provider operates several distinct companies that serve the including Electrical Resource Management, Lyons View Manufacturing and Supply, TWIG Technologies, and Lighting Solutions of Illinois Inc. Recent company projects include the Chicago Smart Lighting Program, O’Hare Airport Lighting Modernization Project, and ComEd’s Smart Streetlight Project.
# # #