Dermody Properties proposing a second multi-million dollar “LogistiCenter” on Sanders Road in Glenview.
Nevada -based Dermody Properties will be in front of Glenview’s new Development Commission on September 27. The company is asking for zoning and tax relief to build a “LogistiCenter” on the site of the former CVS Caremark office building in the 2200 block of Sanders Road.
The center would be built on the site of the former CVS Caremark office building in the 2200 block of Sanders Road and is being developed by Reno, Nevada-based Dermody Properties. According to a project executive summary filed with the village, the rapidly expanding industry of e-commerce is driving demand for modern logistics space.“Thus, a diverse range of businesses are potential tenants at the Subject Property,” the summary states.
In 2021 Dermody Properties bought the 232-acre Allstate campus in Glenview for a reported $232 million and has since broken ground on a 10 building “Logistics Campus” on the site. “The Village looks forward to the public review process,” said Jeff Brady, director of community development in Glenview.
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