Edward Don & Company broke ground on its new Woodridge corporate headquarters Tuesday.
The foodservice equipment distributor got the go-ahead for construction Oct. 13, though land had been cleared earlier in the month.
The 362,500-square-foot corporate headquarters is the first phase for Woodridge's Union Pointe business park.
The anticipates Edward Don & Company will generate $39 million in sales tax revenue in the next 30 years, 25 percent of which will be rebated back to the company as part of
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Editor's note: The following press release is from Edward Don & Company regarding the ground-breaking.
(Rosemont, Illinois) – Daniel E. Fogarty Jr., Vice President of McShane Development Company, is pleased to announce that Edward Don & Company has broken ground on a 20-acre parcel at the Union Pointe business park for the construction of its new 362,500 square foot corporate headquarters and logistics center. The new build-to-suit will be located at the recently launched Union Pointe business park, situated at the intersection of I-355 and I-55 in Woodridge, Illinois that is being co-developed by McShane Development Company and Gallagher and Henry.
Edward Don & Company is the world's leading distributor of foodservice equipment and supplies offering unmatched product selection, nationwide distribution centers, and integration of new technology serving all types of foodservice businesses. The family-owned firm, celebrating its 90th year in business, will relocate its operations and nearly 400 employees from its current facility to their new headquarters in the Fall of 2012.
The contemporary facility will feature 55,000 square feet of office space, 32’ clear height, 38 external docks, two drive-in doors and parking to accommodate 20 trailers and 380 vehicles.
The two-story office and industrial building incorporates a modern ESFR sprinkler system and numerous sustainable features such as T-5 lighting throughout the warehouse.
The State of Illinois, County of DuPage and Village of Woodridge reached agreements that enabled Edward Don & Company to more appropriately spread the costs of the relocation, new construction and increased capital expenditures across a 20-year lease commitment in Woodridge.
“The financial incentives are just one component,” stated Mark Zabloudil, Vice President of Operations at Edward Don & Company. “The space, the growth and the modernization of our facility were driving factors in our decision to relocate. We have the opportunity to gain more dock space, build higher ceilings, a more modern operation, increase our energy efficiency and enjoy the additional benefits of building from the ground up.”
“Without the assistance and support of the Village of Woodridge and State of Illinois, securing this transaction would not have occurred,” states Fogarty. “Their collective determination to retain such an important business in Illinois facilitated our ability to provide a completion date that met the goals of Edward Don & Company in their transition to the new facility.”
Henry H. Cox, Executive Vice President, Global Corporate Services and Bruce D. McConnell, First Vice President of Corporate Services of CB Richard Ellis represented Edward Don & Company in the 20-year lease transaction. Brian P. Carroll, Senior Vice President and James A. Cummings, Associate Vice President of Grubb & Ellis represented owners, McShane Development Company and Gallagher and Henry. Associated Bank is providing the financing for the project.
The design/build team of McShane Construction Company and Ware Malcomb Architects has been selected to provide the design and construction services for this sizable build-to-suit project.