ChicagoismynewBlog

Three years behind schedule, Green Exchange close to signing a major tenant.

Posted by ChicagoismynewBlog! on July 30, 2010


Have you noticed that hulking, huge, vacant, massive, old, other adjective warehouse that backs against the Metra tracks, I90, and Diversey?  Well that’s the Green Exchange, located at 2545 W. Diversey Pkwy.

Originally planned as loft condos, the neighborhood had major issues with the plans so the development was halted.  Does anyone know why there was an issue with an old delapidated lamp factory being turned into nice, new condos?  Now being advertised as the nation’s biggest showcase for environmentally friendly businesses, it’s been quite the elephant in the room for the neighborhood because the Green Exchange is three years behind schedule.

The developers are currently in talks to land a major lease with Coyote Logistics LLC which will take 18-31% of the 227,450 square feet of available space making the building over 70% leased.  Some would say Coyote Logistics isn’t much of a green buiness but Coyote is a trucking company that works to minimize the number of trucks traveling empty, which in turn reduces energy consumption and emissions.

Check out the full Crain’s Chicago Business article AND video HERE!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: