By: Ashmar Mandou

City Officials joined together for formal ribbon-cutting ceremony of The Terminal, a spacious property soon to be transformed into an urban workspace campus for “creatives and innovators,” designed to fit with the existing aesthetic of the Humboldt Park neighborhood.

The Terminal, comprising three warehouses in West Humboldt Park, was originally occupied by the Pyle-National Company starting in 1916, where it manufactured headlights and other lighting and electrical equipment for railroad use, as well as exterior lighting for prominent buildings like the Wrigley Building, Tribune Tower, Soldier Field and the Rose Bowl Stadium. Project developer IBT Group, LLC, plans a build-out of the 250,000 square-foot space on 6.9 acres, expected to cost over $50 million. 

“The Terminal is going to help change the landscape of the neighborhood, erase the emptiness of these vacant lots, and help transform the area,” said Alderman Emma Mitts (37th Ward). “I want to thank the development team for preserving the authenticity of the property by creating an open workspace campus for area creatives.” 

The Terminal in Humboldt Park is the latest project in a INVEST South/West corridor. The program focuses planning and funding tools along targeted corridors that have historically served as focal points for pedestrian activity, retail, services, transportation, public spaces and quality-of-life amenities for local residents. 

 “The transformation of this empty vintage property into a state-of-the-art, open space work environment, is certain to inspire creativity and innovation on the west side,” said Andrea L. Zopp, President & CEO, World Business Chicago. “The Terminal is a great example of the type of transformative investment that can create jobs and opportunities for all Chicagoans.” 

“While created nearly three years ago the thesis for the project is validated today as an environment where people can safely work in a campus-like setting, providing an accessible environment without the need for elevators and providing multiple outdoor spaces for work and relations,” said project developer, Gary Pachucki, IBT Group, LLC. “This project comes to realization only through the commitment of Ari Glass and Joe Mansueto who see the vision when so many others have not.”