Georgia-based Arcadia Cold plans to open a new 322,600-square-foot cold storage project in Crown Point.
Saxum Real Estate broke ground on the facility on Oct. 8 and expects to complete the project by the second quarter in 2026.
“The project will be a mission critical cold storage location to service the consolidation of commodity food products and a regional distribution hub for perishable product grown and processed in the region, including Indiana, Illinois, Michigan, Ohio and Canada,” said Sean Gilbert, principal at Saxum Real Estate, in a press release.
The 26-acre site, which has access to Interstate 65, will feature 50 feet of clearance, dock space and doors. It offers temperatures between -10 to 38 degrees Farenheit. It will have capacity for 45,000 pallets.
“The greater Chicago regional market is critical to our strategy of building out a national distribution network for our customers,” said JD Schwefler, Arcadia Cold chief commercial officer. “This facility, along with another located in a Chicago submarket, which we will announce shortly, will complement each other to serve our customers with regional production and fast-moving consumer packaged goods programs.”
FCL Builders, which has headquarters in Itasca, Illinois, is the general contractor for the project. New Jersey-based Saxum is a real estate investment and development firm.
Arcadia announced in an April press release that it plans to start construction on two Chicago-area facilities by the end of the year. The Chicago Loop building will be 294,00 square feet and hold 40,000 pallets.
As we continue to grow our company, we are excited to add facilities in the important Chicago market to expand our service area with our customer-centric approach,” Arcadia Cold's CEO and President Chris Hughes said.
