$100M Industrial Park Coming To Rolling Meadows: Officials

ROLLING MEADOWS, IL — Though the project is still in the early stages of development, city officials announced last week the redevelopment of an office building on 40 acres of land at the confluence of I-90, I-290 and IL Route 53. The project, which will cost an excess of $100 million, is being spearheaded by Brennan Investment Group, a private real estate investment firm.

Without releasing specifics of a timeline for the project, Brennan and Rolling Meadows are confident it can be completed in the next few years.

"We are excited to announce Brennan Investment Group's major investment in Rolling Meadows," Rolling Meadows Mayor Joe Gallo said in a news release. "This new development demonstrates that we are a community that supports thoughtful and strategic development that will strengthen our economic base by creating hundreds of new jobs and hundreds of millions of dollars in investment in our City. We are excited to welcome Brennan to our community and look forward to seeing this project come to life."

The Class A industrial park will be called Rolling Meadows Commerce Center or "RMC²." Brenna plans to demolish an existing 485,000-square-foot building on the site. The new park will feature approximately 600,000 square feet of industrial space, beautifully landscaped grounds, and high-end facades, according to officials. Brennan will target a wide variety of end-users including manufacturers, distributors and data centers.

"We are committed to working with Rolling Meadows to make this project a success," said Kevin Brennan, managing Principal of Brennan Investment Group. "This location is unmatched in terms of its logistical advantages via the confluence of interstate systems, it's access to a large and diverse workforce, and its proximity to best-in-class amenities, including restaurants, hotels and shopping."