Tesla Produce

Chicago,
IL
(2011)

Tesla Produce

Food Manufacturing, Manufacturing, Solar, Waste Management, Water Management

Financing for a family-owned wholesale distributor of fresh produce as well as frozen, canned and specialty items.

Investment

NMTC Amount: $6,958,000
Total Project Cost: $23,120,606

IMPACT

160 FTE jobs
114 construction jobs
91,300 sq. ft. of real estate

CDEs

Chicago Development Fund

Investor

Unknown

Project Description

Financing for a family-owned wholesale distributor of fresh produce as well as frozen, canned and specialty items. The NMTC supported the construction of a 91,300 sq. ft. distribution center in the Stockyards Industrial Corridor. The facility is the first of its kind to achieve LEED-platinum certification, and it includes a large wind turbine to generate electricity, a grey water system to reuse wastewater on-site, hot water solar panels, PV solar panels, an extensive green roof, rainwater harvesting and daylight harvesting. The project created/retained 160 permanent jobs. The facility opened in 2011.

MAP

Address: 4555 South RACINE Avenue, Chicago, IL 60609

Census Tract: 17031842600

Other Illinois Projects

Heartland International Health Center

Chicago,
IL
(2014)

Behavioral Health, Community, FQHCs, Healthcare

CDE(s): SCORE

The redevelopment of an underutilized, 18,450 sq. ft. office building which now includes 9,200 sq. ft. of laboratory, health clinic, and related office space built for Heartland International Heath Center.