Office parks · Illinois
Logistics Campus
232-acre logistics park under construction on former Allstate HQ site, approved for logistics use, with Dermody Properties as developer. · summary, model-written
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from.
Site profile12 elements · what this retrofit is built with · tap a chip for the evidence
Retrofit in the pipeline
This site: …under construction record · all sites with thisSold since 2020
This site: 2022 Dermody Properties research-deals · all sites with this3+ other atlas sites within 10 km
This site: 5 within 10 km computed · all sites with thisCounty lost 10%+ of retail establishments since 2012
This site: -11% census-cbp · all sites with thisCounty permitting 2,000+ apartment units a year
This site: 4,853 units, Cook County census-bps · all sites with thisCounty typical rent $2,000+
This site: $2,228/mo zillow · all sites with thisShrinking county
This site: -0.7% census-acs · all sites with thisRezoning
This site: …approved the annexation and rezoning of the land for logistics uses newtypes-extraction · all sites with this60+ acre site
This site: 232 acres newtypes-extraction · all sites with thisRedeveloped
This site: …a planned 10-building logistics park with buildings ranging from 92,000 to 455,000 square feet, totaling more than 3.2 million square feet record · all sites with thisLogistics and industrial
This site: …a planned 10-building logistics park with buildings ranging from 92,000 to 455,000 square f newtypes-extraction · all sites with thisPark and open space
This site: …a planned 10-building logistics park with buildings ranging from 92,000 to 455,000 square feet, newtypes-extraction · all sites with thisNow
| Status | Under constructionWikipedia |
|---|---|
| Strategy | Redevelopment, under constructionWikipedia |
| New uses | logisticsWikipedia |
| What is there now | a planned 10-building logistics park with buildings ranging from 92,000 to 455,000 square feet, totaling more than 3.2 million square feetnewtypes-extraction |
| Redeveloper | Dermody Propertiesnewtypes-extraction |
Planning
| Zoning change | approved the annexation and rezoning of the land for logistics usesnewtypes-extraction |
|---|---|
| Planning notes | Approved by the village of Glenview.Wikipedia |
Deals and debt
| Date | Event | Price | Parties | Source |
|---|---|---|---|---|
| 2022 | Sold | $232.0M closed | Dermody Properties ← Allstate | credaglobal.org |
Site context
| Housing permits, Cook County (IL), 2024 | 4,853 units in 5+ unit buildings, 512 in 2–4, 1,142 single-family; 2023: 3,332 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 5 within 10 km, 23 within 25 km: Golf Mill Stormwater Park (3.6 km); Westfield Old Orchard (6.9 km); Des Plaines Mall (7.1 km); Deerbrook Mall (8.8 km); Deerfield Supportive Living (9.8 km)computed |
| Retail trade in the county, 2012 to 2023 | 13,577 establishments (-11%); 214,575 jobs (-4%)Census CBP |
| Housing market in the county | typical home value $340,258 (+6% 1 yr, +23% 5 yr); typical rent $2,228/mo (+5% 1 yr), 2026-09Zillow Research |
| Traffic on the busiest road within 600 m (2024) | 10,660 vehicles a day on Shermer Rd (major collector, 2 lanes); 6 counted segmentsFHWA HPMS |
Summary, model-written
Logistics Campus in Glenview, IL, is under construction as a 232-acre logistics park. Originally Allstate Insurance’s headquarters, it was sold to Dermody Properties in 2022 for $232 million. Zoning for logistics uses was approved by Glenview village. The project will include 10 buildings totaling over 3.2 million sq ft (92,000–455,000 sq ft each). Nearby context includes Westfield Old Orchard (under construction, 6.9 km) and Des Plaines Mall (demolished, 7.1 km). Traffic data shows Shermer Rd (major collector, 2 lanes) with 10,660 ADT (2024), but truck volume is unknown. Housing market data (ZHVI $340k, ZORI $2,228) is provided but not directly relevant to logistics use. No additional details on traffic, housing, or peer comparisons are included in the assessment.
Why. Assessment strictly uses record data: status, size, developer, zoning, original use, and context cluster. No external knowledge added. Traffic truck data and housing metrics omitted as non-applicable to logistics project.
Where it stands. Under construction, approved, and in active development. No unresolved planning barriers noted.
For a planner
- Zoning change approved
- 232 acres of logistics space planned
- Nearby developments (Westfield Old Orchard, Des Plaines Mall) provide context for regional logistics demand
For a developer
- 232-acre parcel under construction
- Dermody Properties holds title
- Logistics park scale (3.2M sq ft) matches record
What we do not know yet
- Truck traffic volume unknown
- Deerbrook Mall status (8.8 km) listed as 'unknown' in cluster
- No details on construction timeline or building-specific permits beyond 2024 county permits (1,142 units, $1.86B value)
Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.
Similar sites
- Former Sears Headquarters, Hoffman Estates, IL · Office parks · similar size (273 acres); same strategy: redevelop; also in IL
- Lakehurst Mall, Waukegan, IL · Malls · similar size (200 acres); same strategy: redevelop; also in IL
- Central Manufacturing District, Chicago, IL · Industrial sites · similar size (265 acres); same strategy: redevelop; also in IL
- Parkway North Townhomes, Deerfield, IL · Office parks · same strategy: redevelop; also in IL; 12 km away
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- already in play: under construction, approved, or sold to a developer with housing plans
- 232 acres
Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.
History and original facts
| Acres | 232newtypes-extraction |
|---|---|
| Anchors | Allstate |
| County | Cook County |
| Census division | 3 · East North Central |
| Notes | Draft from credaglobal.org, model-extracted, unreviewed: The former Allstate corporate office campus in Glenview, Illinois, is being redeveloped into a 10-building logistics facility totaling over 3.2 million square feet. |
Not yet recorded: GLA, year opened, original developer, retrofit year. Know it? Tell us.
Timeline
- 2022 Dermody Properties closed on the purchase of the campus from Allstate
Sources
- The Evolution of Industrial Redevelopment
2 quoted sentences
The Logistics Campus
In October 2022, Dermody Properties closed on the purchase of the campus from Allstate for $232 million.
More in Illinois
MegamallChicago, IL · 2015Redeveloped · Redevelopment: residential mixed-use
Park Forest PlazaPark Forest, IL · 2001Partial Redeveloped · Partial redevelopment: civic, residential, new streets
Randhurst MallMount Prospect, IL · 2010Redeveloped · Redevelopment: mixed use, new streets
Spring Hill MallWest Dundee, IL · 2015Partial Redeveloped · Partial redevelopment, open air streetSt Charles MallSt Charles, IL · 2016Redeveloped · Redevelopment: residential, new streets