Wednesday, July 30, 2014

Michelin breaks ground at RidgePort



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July 30, 2014

7/29/2014 10:10:00 PM
Michelin breaks ground at RidgePort
Expect vertical development this summer

Pam Monson
Editor
THE WILMINGTON CONNECTION — representatives of the city and township of Wilmington celebrated the groundbreaking of the Michelin distribution facility last Wednesday, including (from left) Attorney Scott Nemanich, partner in Hinshaw and Culbertson LLC, Wilmington Township road commissioner Bill Weidling, Fire Chief Tim Zlomie, city engineer Colby Zemaitis, ESDA director Dennis Housman, Fourth Ward Alderman Steve Evans, Police Chief Darin Plotts, Fire district trustee John Cairns, Ridge Development CEO Jim Martell, city administrator Tony Graff and Mayor Marty Orr. The Michelin project will go vertical this year, and be completed next summer.
THE WILMINGTON CONNECTION — representatives of the city and township of Wilmington celebrated the groundbreaking of the Michelin distribution facility last Wednesday, including (from left) Attorney Scott Nemanich, partner in Hinshaw and Culbertson LLC, Wilmington Township road commissioner Bill Weidling, Fire Chief Tim Zlomie, city engineer Colby Zemaitis, ESDA director Dennis Housman, Fourth Ward Alderman Steve Evans, Police Chief Darin Plotts, Fire district trustee John Cairns, Ridge Development CEO Jim Martell, city administrator Tony Graff and Mayor Marty Orr. The Michelin project will go vertical this year, and be completed next summer.




The second tenant in the RidgePort Logistics Center broke ground on a 1.7-million square foot
facility last week, which will create over 200 construction jobs and as many new employment
 opportunities.

Michelin is expanding its distribution operation in Illinois with a state-of-the-art facility at the
 logistics center on the west side of Interstate 55 at Lorenzo Road. It will be moving out of a
 facility in Monee that is too small and not expandable.

Jim Martell, CEO of Ridge Development, the developer of the RidgePort Logistics Center in
Wilmington, said the site's location alongside I-55 and the Burlington Northern Santa Fe Railroad
 line was a tremendous differentiating factor for his company to become involved in the project.

"To be able to have rail service, to be able to have the infrastructure of I-55, and now the
 potential of the Illiana Expressway really, really enhances this part of metropolitan Chicago,
Will County and the city of Wilmington," Martell said.

Mayor Marty Orr would like to think Michelin selected the Wilmington site because of how the
city did business with the company, one of the largest tire manufacturers in the world; but he
 knows there was more to it.

"I think it was a combination of things; the location by I-55 and the Burlington Northern; the
 diverse market for the jobs they were seeking in Will County, and in a small way, the city of
 Wilmington and the economic incentive packages we offer this type of business to come into
Wilmington."


The Michelin project will create 200 permanent jobs, which makes the company eligible to
 receive more than
 $2 million in sales tax exemptions and $126,000 in job training grants from the state. Michelin
will have to retrain 100 of the Monee workers for positions in Wilmington to tap some of those
 incentives.

"There are a lot of blue collar people in our community, so we're excited to bring any type of
 job creation that allows them to work close to home, so they don't have to travel," Orr said.
The mayor expects those new jobs will offer pay in the $15 range.

The Wilmington City Council also approved nearly $400,000 in utility tax breaks and will abate
 some of the facility's property taxes.

"The project is a big first step in the actual development of RidgePort," commented Orr.
"To have not only a large distribution facility, but a company that's as reputable as Michelin
 to choose the city of Wilmington over other areas in Illinois and adjoining states ... I think it's a
 great step."

Ledcor Construction Inc. is the general contractor. Peter Gasparini, regional manager for Ledcor,
 said the project affectionately code named Project Lego will be a 40-acre building built on
 90 acres of land. By the time it's complete, Ledcor and its subcontractors will have installed over
1,200 insulated pre-cast panels totaling more than 435,000 square feet of pre-cast. With the
 installation of 5,700 joists, columns and beams, Ledcor will have erected nearly 7,000 tons of
steel; delivered, fabricated and erected on site. Safety will be ensured by 18,000 sprinkler
heads and over 1.5 million gallons of fire protection water supply stored on site.

Michelin's confidence in the RidgePort project, as well as more than $8 million in infrastructure
 work already completed at the logistics center, is expected to generate more interest in the
location. Mayor Orr believes the city could attract some light manufacturing businesses as
well as warehouses - there are a lot of acres for diversity, he said.

Gasparini said the project will go vertical this year. Michelin is expected to take possession in
 summer 2015.

Martell also used the groundbreaking ceremony to explain that Graaskamp Boulevard, the main
 thoroughfare into the logistics center, was named after Dr. James "the Chief" Graaskamp,
 professor of Real Estate at the University of Wisconsin at Madison, who is nationally
renown for his real estate savvy and for starting the number one real estate education
program in the country.

The logistics center's first tenant, McKay TransCold, opened its facility along the rail line in May.