posttrib
DECENT 
Weather Updates

Developer Hawk to buy Sportsplex lot in Crown Point

Updated: September 17, 2013 2:03PM



CROWN POINT — With permission granted from the Redevelopment Commission and a contract signed by the Board of Public Works and Safety, real estate developer Jim Hawk has returned to where he got his start in commercial development.

His company Crown Legacy has purchased lot number 2 at the SportsPlex on North Street. Crown vice president Todd Kleven had been at both the city Redevelopment Commission meeting on Sept. 9 and the Board of Works meeting on Sept. 11 to make his presentations.

The Redevelopment Commission gave Kleven their blessings when they voted to send a favorable recommendation for his company’s purchase of the lot next to the Karate studio on North Street. Crown Legacy has purchased approximately 10,000 square feet of lot number 2, putting it facing North Street and on the west side of Bulldog Boulevard.

Kleven told both the commissioners and the board members that they will be building a spec building for either three or four end users. The size of the two-story building will be about 16,000 square feet. The value of the building before customizing it for the end users will be over $2 million. That figure will only go up with the finishing required for an end use by each occupant.

Kleven said, “Before we even took this to our marketing department we have been getting calls by people interested in buying into our building.”

Crown Legacy will have to appear before the Plan Commission, the BZA for a special-use variance for a business in a residential area, and the Tree Board for landscaping approval. All businesses that go into this building will have to be sports-related. Each business must be approved by the BZA, just like the karate studio next door was.

At both the Redevelopment Commission and at the Board of Works meetings Kleven pointed out that they might be coming in for a lot more purchases in the SportsPlex, but not until this first building is 75 percent sold out.

Any building at this site must meet LEEDS — Leadership in Energy and Environmental Design — certification requirements.

The timeline will move as rapidly as possible. Right after the board meeting Kleven went to a meeting with the architects to start the plans for the building. Kleven told them that the bids for the work should begin within 30 to 90 days. They will work with the city engineer on the parking around the building, since the city owns the parking lot.

City engineer Tris Miles said, “This lot is about one acre and this building is on less than a quarter of that.”

The address is 1275 E. North St., lot number 2.



© 2014 Sun-Times Media, LLC. All rights reserved. This material may not be copied or distributed without permission. For more information about reprints and permissions, visit www.suntimesreprints.com. To order a reprint of this article, click here.