Schaumburg, Ill. — In 2017, Builtech Services is working with three development teams as general contractor for 370,000 square feet of retail space in Illinois. The Plaza at Evergreen Park, Retail at the Fields (pictured) and Hoffman Plaza will revitalize three corners throughout Illinois.
Partnering with Lormax Stern, DeBartolo Development and Fortris Development Group on the redevelopment of The Plaza at Evergreen Park shopping center located in Evergreen Park, Ill., Builtech is providing GC services for roughly 185,000 square feet of tenant interior buildouts. Prominent retailers include 365 Whole Foods, DSW Shoes, Ulta Beauty, Five Below, TJ Maxx, Petco and Dick’s Sporting Goods.
In January, Clark Street Development broke ground on the 128,000-square-foot Retail at the Fields shopping center, as part of the ongoing 6-acre Marshall Field's warehouse redevelopment at 4000 W. Diversey Ave. in Chicago. Phase I includes the 40,000-square-foot large anchor tenant buildout for Ross Dress for Less and Petco, an 8,500-square-foot junior anchor and site infrastructure upgrades. Upgrades to the site’s infrastructure includes new driveways on Diversey Avenue, Pulaski Avenue and Karlov Avenue and an underground storm water collection system. The new water collection system will reduce flooding on both the site and surrounding community. The anticipated project completion is date is September 2017.
The Sterling Organization recently invested in the revitalization of Hoffman Plaza, an existing shopping center in Hoffman Estates, Ill. Builtech is currently demolishing 60,000 square feet of the site, and will build a ground-up 50,000-square-foot Burlington Coat Factory. Builtech will facilitate infrastructure upgrades to the utilities and onsite stormwater detention. The existing structure will receive a complete façade renovation and be white boxed for future tenants. Also included in the site development for multiple freestanding outlot buildings.
Founded in 2002, Builtech Services LLC constructs retail buildings, office buildings, multi-unit residential complexes and corporate interiors across the country. The company continues to expands it retail portfolio. Clients include REITs, asset managers, national retailers/companies and private owners. For more information, visit www.builtechllc.com.
SOURCE: Builtech Services LLC