Mayor Rahm Emanuel joined Ald. Sue Sadlowski Garza (10th) and NorthPoint Development to announce a $169 million industrial complex that will strengthen Chicago’s Southeast Side position as an epicenter of transportation and logistics for the entire Midwest. Planned for a 196-acre site at 116th Street and Avenue O, the 2.2 million-square-foot project is planned to include six state-of-the art industrial buildings ranging in size from 215,000 square feet to 600,000 square feet. Each new building would be for one or more firms, starting with a 361,000 square foot structure to be built on spec on the 12200 block of South Burley. The new structures will complement NorthPoint’s adjacent, 155-acre supplier park that serves Ford’s nearby Torrence Avenue assembly plant, creating one of the largest industrial parks in Chicago. Tenants would leverage the site’s location at the nexus of numerous interstate and rail lines within the Lake Calumet Industrial Corridor. City support for the project is proposed to include $25.3 million in TIF assistance, which would be applied toward roadways and related site improvement costs.