Hammond to break ground on $40M commercial building
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Officials in Hammond will break ground Friday on a $40 million building on the city’s northwest side. Developers say they aim to attract companies in the manufacturing and logistics industries to set up shop in the 400,000-square-foot building.
The project is being developed by a joint venture between Granger-based Great Lakes Capital and Kelly Construction & Design, a general contractor based in Chicago.
The building will be constructed at 24 Marble Street in Hammond. Jeff Smoke of Great Lakes Capital said in an email to IIB that they are marketing the building for 150,000 square feet up and have seen demand from both manufacturing and logistics companies.
“A 400,000-square-foot high bay warehouse is in high demand and will provide Hammond with the opportunity to attract new jobs and investment,” Smoke said.
Hammond Mayor Tom McDermott said the building will give any business that locates there a competitive advantage.
“Our economic development team fields calls often for businesses looking to relocate in Hammond and now we can direct them to space that is immediately available,” McDermott said in a news release.
The facility is expected to open in late 2024.
A groundbreaking ceremony is scheduled for 11 a.m. on Friday at the site at 24 Marble Street. The event is open to the public.