Industrial Property Development

In the Northwest corner of Illinois, lying high above the Mississippi River, is a 2000 acre tract of industrially zoned property that is owned, controlled and served by Riverport Railroad. The area is called the Savanna Deport Park. Of the 2000 acres, over 1300 are available for commercial or industrial utilization. Most of the property is above the 500 year Mississippi flood plain. The location is sufficiently remote to avoid urban conflicts, and is not in an attainment zone. The railroads property has sewer and central water services available and has a fiber optics system is in place. The BNSF provides Class I rail service throughout its extensive footprint, and the property is the last location on the BNSF where railcars can be aggregated for use between Chicago and the Bakken oil fields.

The property is all located in United States Foreign Trade Zone #271, in a State of Illinois created Port District (which has bonding authority) and is in an Illinois Enterprise Zone (the “Jo Carroll Enterprise Zone”). The Enterprise Zone provides significant tax abatement potential.

For additional information please feel free to contact us.