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BNSF Railway Co. and real estate developer Ridge Property Trust recently agreed to develop a 2,000-acre business park in Will County, Ill., that eventually would include an intermodal terminal and transload facility. The parties have developed a master plan for the proposed park.
Located off Interstate 55 and near a BNSF mainline, RidgePort Logistics Center - Chicago will feature more than 20 million square feet of industrial distribution space and rail-served industrial buildings. The park also includes land set aside for a proposed transload operation and intermodal facility.
“BNSF is committed to developing capacity to serve the future needs of the Chicago market and Midwest,” said Vann Cunningham, BNSF assistant vice president of economic development, in a prepared statement. “This site’s location next to our transcontinental mainline and I-55 is well suited for development of a variety of rail facilities to serve those needs.”
6/29/2007
Rail News: Rail Industry Trends
BNSF, real estate developer propose Illinois business park featuring transload and intermodal facilities
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BNSF Railway Co. and real estate developer Ridge Property Trust recently agreed to develop a 2,000-acre business park in Will County, Ill., that eventually would include an intermodal terminal and transload facility. The parties have developed a master plan for the proposed park.
Located off Interstate 55 and near a BNSF mainline, RidgePort Logistics Center - Chicago will feature more than 20 million square feet of industrial distribution space and rail-served industrial buildings. The park also includes land set aside for a proposed transload operation and intermodal facility.
“BNSF is committed to developing capacity to serve the future needs of the Chicago market and Midwest,” said Vann Cunningham, BNSF assistant vice president of economic development, in a prepared statement. “This site’s location next to our transcontinental mainline and I-55 is well suited for development of a variety of rail facilities to serve those needs.”
