Rockford City Council panel OKs incentives for speculative industrial building

Rock River Current

ROCKFORD — A City Council committee gave preliminary approval Monday to an incentive package that will help a Dallas-based developer build a speculative industrial building roughly a mile from the Chicago-Rockford International Airport.

Hillwood, a real estate developer in the Perot family of companies, plans to build a 250,000- to 335,000-square-foot industrial building on agricultural land south of U.S. Route 20 and just east of the Love’s Travel Stop along South Main Street…

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