Community News

Our Changes Are Your Changes

We’ve promised to turn the currently unused land running adjacent to I-55 into a community-focused, environmentally friendly job center. And we want to bring you along every step of the way. This site is yours to keep track of our progress, explore the details of coming changes to your backyard, and connect with our team.

Get The Facts

Wondering why this redevelopment is happening, and what it means for residents of Little Village? Follow along with the facts on the project. Still have questions, or simply want to connect? We’re here to listen.

Community Benefits

Hilco Redevelopment Partners is revitalizing 70 unusable acres and putting it back into strong use to support economic development in the community including local job opportunities and hiring, new partnerships with local business and community groups, and making infrastructure improvements to pedestrian walkways and bus shelters that will promote safety. This project is also proudly supported by Local Union 150, the Little Village Chamber of Commerce, HACIA, IHCC and others.

Sustainability Commitment

This LEED-certified building will accommodate solar power, recycling, LED lighting, electric vehicle infrastructure, 700 new trees and 400 native plantings. We have focused on world-class remediation efforts to ensure that the land once occupied by a former coal fired power station would move forward with a new sustainable vision for the future.

Economic Benefits

Our $250M investment will create more than a world class logistic center. We’re partnering with the Little Village Chamber of Commerce and local organizations to bring thousands of new jobs, millions in tax revenue, and increased foot traffic for your local businesses.

Project Timeline

Q4 2017

HRP Purchased Property

Q1 2018 - Q1 2018

Demolition/Remediation

Q2 2018 - Q4 2018

City of Chicago Planned Development Process

Q1 2018 - Q1 2020

Design

Q1 2019 - Q2 2021

Construction

Q2 2020

Groundbreaking Ceremony

Q2 2021

Project Completion

Updates & Events

June 19, 2020: Community notified about demolition and construction activity

June 5, 2020: Heneghan Wrecking & Excavation Co., Inc. performed the mechanical dismantling of the turbine building

June 27, 2020: Virtual Community Meeting with Heneghan Wrecking Co. Inc

Community Engagement

“ The Little Village Chamber of Commerce supports the Exchange 55 development because we believe it will result in long-lasting economic growth and a range of long-term benefits to the Little Village Community and surrounding areas. We look forward to the thousands of local job opportunities being created in the current economic times. The environmental elements of the project… are an added benefit along with the beautification of the area… ”

Blanca R. Soto, Executive Director, Little Village Chamber of Commerce

“ The International Union of Operating Engineers Local 150 is proud to support the decisive actions that Hilco has taken in recent weeks to complete the Exchange 55 demolition in the safest and most skillful way, with maximum consideration being given to the neighboring community. ”

James M. Sweeney, President, Int'l Union of Operating Engineers Local 150

“ We reaffirm our total conviction that this project, which will generate 800 direct jobs and multiply small business in Chicago’s second commercial corridor will be the engine of new development for a region that has been demanding quality investment for decades. ”

Jaime di Paulo, President, CEO, IL Hispanic Chamber of Commerce