By Editors of Power Engineering
The former coal-fired Crawford Power Generating Station in Chicago, decommissioned since 2012, has found a buyer that plans to redevelop the site.
NRG Energy sold Crawford to Hilco Redevelopment Partners, a unit of Hilco Global, for an undisclosed sum. Hilco has purchased, remediated and redeveloped large industrial properties in the past, including the 15-acre site of Exelon’s Boston Power Generating Station.
Remediation work will begin soon at the Crawford site, and is estimated to take 14-24 months depending on site conditions. The plan is to begin demolition after the site has been safely abated of any potentially hazardous materials that may present environmental concerns to the community, city or regulators.
The company has yet to determine a use for the site, though Roberto Perez, managing partner and president of Hilco Redevelopment, said it could serve as a last-mile distribution and logistics facility due to its proximity to Chicago.
“A true hallmark of Hilco’s mission is to return economic opportunity to industrial sites that have run their useful life,” he said. “We see the Crawford site as a transformational opportunity to take 70-acres of urban infill industrial land from an obsolete facility and eyesore to a modern and robust economic engine in the neighborhood.”
The company has launched a website to share updates and information on Crawford at www.crawfordstation.com.
Crawford Generating Station was originally built in 1928 and had a peak capacity of 597 MW.