The Challenge
Cornerstone is a $750 million, 641-acre mixed-use development in Grayslake, Illinois, a near suburb of Chicago. The visionary plan included 3,000,000 SF of light industrial, research-and-development and office space which would create 9,000 high-quality jobs close to where people live. In addition to the protracted approval process—spanning numerous local, county, and state administrations and EDO entities—the biggest challenge was the location’s distance from the expressway and the spine of Chicago’s industrial corridor hugging Lake Michigan to the east.