Carpentersville officials could be looking at plans for a warehouse development at Randall and Binnie roads by the end of the first quarter of next year, the project developer said Thursday.
Though US Capital Development has not yet submitted formal plans for the project or annexation into Carpentersville, drawings Thursday showed three warehouses, totaling 1.1 million square feet, and 320 stalls for trucks to drop off and pick up goods.If the developer were to win village approval, construction on the project could start as early as late 2023 or early 2024 with completion in late 2024, said James White, managing director of national development for US Capital Development.
"It's a great infill location," said White, who estimated the project would cost $130 million to build. Others have argued the development does not fit with surrounding land uses: residential and retail, as well as the a Dundee Township Park District complex that includes the Randall Oaks Zoo. White said Thursday that the village requested a scaled-down version, but his firm would not change the plans.
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