Inside these posts: Cicero

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March 22 at 4:33 p.m.
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Filed under: Commercial real estate, Real estate

Wirtz Beverage gets $9.7M in TIF funds for Cicero warehouse, office

Cicero town President Larry Dominick (center) talks with a staff member (left) as Cicero project manager Craig Pesek adjusts a drawing at a Cicero town meeting in January. (Antonio Perez/Chicago Tribune)

By Joseph Ruzich | A beverage company planning to build a 600,000-square-foot distribution center on the former Sportsman’s Park racetrack site in Cicero will receive $9.7 million in tax increment financing funds, according to an ordinance approved by Cicero trustees at Tuesday’s town board meeting.

Cicero officials said Wirtz Beverage Illinois, one of the state’s largest beverage-alcohol distributors and part of the family-run corporation that owns the Chicago Blackhawks, will receive the funds from the town through rebating a portion of the company’s taxes. Get the full story »

Jan. 11 at 4:13 p.m.
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Filed under: Beverages, Commercial real estate, Real estate, Updated

Cicero gives thumbs up to Wirtz building proposal

By Zoe Galland

The town of Cicero unanimously voted Tuesday to approve Wirtz Beverage Illinois’ request to build a $70-million, 600,000-square-foot distribution center at a location that used to be a racetrack. Wirtz’ new center will incorporate the company’s other offices and warehouses in Schaumburg, Wood Dale, Bensenville and Elk Grove Village.

The company had said in a statement last week that most of its 1,000 employees would move to the new center. Get the full story »