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Chicago’s First Vertical Distribution Center Set To Rise After Developer Lands $150 Million Construction Loan

Project Furthers National Trend of Developers Building Up to Meet Demand for Last-Mile Distribution Space
Logistics Property Company is planning Chicago’s first multistory logistics center at 1237 W. Division St. across from Goose Island. (CoStar)
Logistics Property Company is planning Chicago’s first multistory logistics center at 1237 W. Division St. across from Goose Island. (CoStar)
CoStar News
August 31, 2022 | 8:22 P.M.

Chicago’s first multilevel distribution center is ready to rise along the Chicago River on the city’s North Side after the developer landed $150 million to finance the project.

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