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Hilco Acquires Power Generating Station in Little Village

Built in 1924, Crawford Power Generating Station was the largest of five power stations serving the city of Chicago in the 1920s. Crawford Station was closed in 2012 after a twelve-year discussion process with the neighborhood over environmental issues and has remained dormant since Midwest Generation filed for bankruptcy in 2012.

In 2017, after an extensive process to sell the site, NRG Energy selected Hilco Redevelopment Partners to buy the property.

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HRP plans to construct a modern, 1 million square foot logistics facility on the 70 acre site that will be known as “Exchange 55”. As part of the new development, HRP has commenced the remediation and demolition of the existing structures.

Exchange 55 News

Hilco selects Cushman & Wakefield to market Exchange 55 which will deliver Q1 2020

Cushman & Wakefield has been selected as exclusive leasing broker for Exchange 55, the largest new industrial development available in Chicago. The planned development is approved, which means the site is fully entitled and zoned for industrial. Exchange 55 will break ground immediately, with delivery expected in the first quarter of 2020.

Chicago’s near Southwest Side continues to attract last-mile activity

Last week, the Chicago Plan Commission approved a plan by Hilco Redevelopment Partners to construct a 1-million-square-foot distribution center in the Little Village neighborhood. The new project joins a slate of other projects as developers attempt to meet demand for last-mile capabilities close to the CBD.

Hilco Redevelopment Partners Acquires Former Crawford Generating Station Site

Hilco Redevelopment Partners, a unit of Hilco Global, announced today the purchase and acquisition of the Crawford Power Generating Station site from NRG Energy in Chicago’s Little Village neighborhood

Hilco Redevelopment Partners And Exelon Complete Sale Of New Boston Generating Station

The below Press Release was sent out by Hilco Redevelopment Partners announcing the acquisition of a South Boston Power

Developers Agree to Buy South Boston Power Plant Site

Hilco Global announced a deal to acquire a South Boston power plant at the end of June Hilco Global and Redgate Real Estate