In this American city, a multipurpose underground complex will be built to revitalize a vast area that the steel industry left unoccupied.
The underground real estate complex The Invert Chicago (TIC) will be built between 76 and 106 meters deep in an abandoned steel industrial zone offering 550,000 square meters of climate controlled multipurpose space.
“Some people have said that we are crazy, but the truth is that this project is 100 percent possible,” say its promoters, who tell EFE that the construction of this underground real estate complex could begin in 2023.
The constant temperature and humidity offered by this ‘down’ construction are ideal for vertical farming, ‘Cloud’ computing, laboratories, light manufacturing, logistics and medical warehousing, according to TIC.
The new commercial infrastructure, which will be built an average of 91 meters (300 feet) below ground level in the southeast of the city of Chicago (Illinois, USA) will be called ‘The Invert Chicago’, because unlike of large supermarkets and conventional business centers, it will be built in an inverted way, that is to say downwards instead of upwards.
“Some people have said that we are crazy, but the truth is that this project is 100 percent possible,” say its promoters.
The sprawling lot along the Calumet River where this underground business complex will be built was home to the steel industry, but the area has been unoccupied since those industrial plants began to close in the 1970s and 1980s, in part because the soil became so contaminated that no developer can afford to clean it up, according to Fast Company.
This new project, which can be learned more fully on theinvertchicago.com site, will return jobs to the neighborhood and will be built at a depth where it will avoid disturbing the contaminated soil and which also has the advantage of maintaining a stable ambient temperature even in subzero winters or sweltering summers, says this American trend publication.
The underground business complex will revitalize some 56.65 hectares (140 acres) of land and offer about 550,000 square meters (6 million square feet) of net climate-controlled multipurpose space at 76-106 meters (250-350 feet) below the surface at 11118 S. Buffalo in Chicago.
A ‘POSSIBLE INSANITY’ THAT WILL BEGIN IN 2023
The construction of this real estate complex could begin in 2023, with the first 23,200 square meters (250,000 square feet) of leasable space that is expected to be available within 3 years after the start of construction, according to Steve King. , president of The Invert Chicago (TIC).
An initial underground space is anticipated to be available by 2024. The finished space will have two levels, with a 12-meter (40-foot) high ceiling, and access via multiple modes of transportation, according to the project.
It points out that the entire surface area of this development could take between 12 and 15 years to complete, depending on market conditions, and that there are many possibilities of building other complexes of these characteristics in the future in other locations in the United States and in the world.
More underground space will continue to be created each year, depending on demand, as explained by TIC.
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