GAGE PARK — Amazon is reportedly under contract to purchase the Central Steel & Wire plant in Gage Park, continuing its warehouse expansion across Chicago.
The company went under contract to buy the 70-acre site at 3000 W. 51st St. for $45 million, according to the Tribune. If redeveloped, the paper reported the site could hold a 1.5 million-square-foot warehouse.
Ryerson Holdings Corp, which acquired the site in 2018, is selling the site to the Amazon, according to the report.
Ryerson Holdings Corp could not be reached for comment. Amazon spokeswoman Nikki Wheeler declined to comment on the plans.
The corporate giant operates a facility on Goose Island and Pilsen and recently opened two more facilities in Pullman and Gage Park.
The purchase of the steel plant is blocks away from the distribution site they leased last summer 3507 W. 51st St.
Last December, a key city committee approved plans for another distribution facility in Bridgeport. The move angered some neighbors, civic nonprofits and environmental justice activists, who say increasing growth of logistics facilities on the South and West sides is bringing more pollution to already-vulnerable communities.
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