News

Read about our latest redevelopment progress and other news.

Hilco Redevelopment Partners Announces Hilco Scholars Award Recipients

Hilco Redevelopment Partners (HRP), a Chicago-based redevelopment firm that specializes in transforming obsolete industrial sites in major cities, today announced the awardees of the fifth annual Hilco Scholars scholarship program. Launched in 2019, the Hilco Scholars program provides scholarships to students in Southwest Chicago to study at one of the seven City Colleges of Chicago or a 4-year college or university. Through the program, HRP has awarded over $85,000 in scholarships to 10 local students to date. This year's award recipients will each receive $10,000 to support their higher education goals.

HRP hosts community update as construction on Lawndale Fleet Storage Yard ramps up

Hilco Redevelopment Partners’ (HRP) hosted a community update April 27 as progress continues on the Lawndale Fleet Storage Yard in Little Village.

The Exchange55 Target Flow Center and Lawndale fleet yard have revitalized the former Crawford coal-fired power plant site and adjacent industrial facility into a sustainable logistics hub, creating thousands of well-paying jobs. The Lawndale Fleet Storage Yard is currently in its final construction phase, marking the completion of Hilco Redevelopment Partners' sustainable campus in Little Village, according to Chicago City Wire.

Converted Crawford power plant is the kind of investment Latino communities need

Hilco Redevelopment Partners’ conversion of the former Crawford power plant into a vibrant and sustainable logistics hub in Little Village is an example of how to remake industrial corridors.

Union leader: Exchange55 in Little Village 'no better example of what success looks like'

The Lawndale Fleet Storage Yard is nearing completion, marking the end of Hilco Redevelopment Partners' (HRP) sustainable campus construction in Little Village.

Hilco Redevelopment Partners Proudly Welcomes Target to Our Newest Development in Little Village

At HRP, we strive to improve more than just individual sites but also the quality of the neighborhoods and communities that surround them through a comprehensive approach that is community-driven from start to finish, environmentally sustainable and focused on creating a positive economic impact. Here in Chicago, we transformed a shuttered coal-fired power plant into a modern logistics hub with top tier sustainable design components.

Hilco Again Providing Scholarships to Little Village Residents

For the third year in a row, Hilco Global will provide two scholarship opportunities for students living in the West Side’s Little Village community.

Donan unos 2,000 abrigos en Chicago para los más necesitados ante la temporada invernal

Las prendas fueron entregadas a varias organizaciones comunitarias para que estas sean distribuidas. Eve Rodríguez Montoya, quien hace parte del evento, asegura que esto es algo que se hace todos los años, pero que, en esta ocasión, debido al coronavirus, los agentes de los colectivos van a recoger las bolsas y las van a llevar a las familias.

Disrupting Economic And Racial Inequity With Three Practical Steps

Part two in a three-part series explores three thought leaders' insights and lessons learned in supporting Opportunity Talent—particularly Opportunity Youth—over the course of the pandemic, and what that might mean for the future.

Hilco Redevelopment Partners Announces Sponsorship of HACIA U Pre-Apprenticeship Program for Little Village Residents

Hilco Redevelopment Partners Sponsors HACIA Pre-Apprentice Program

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Community Engagement

“ The Little Village Chamber of Commerce supports the Exchange 55 development because we believe it will result in long-lasting economic growth and a range of long-term benefits to the Little Village Community and surrounding areas. We look forward to the thousands of job opportunities being created in the current economic times. The environmental elements of the project are an added benefit along with the beautification of the area. ”

Board of Directors of LVCC

“ There is no better example of what success looks like than our partnership with Hilco Redevelopment Partners to deliver Exchange 55 in Little Village, Chicago’s largest LEED-Certified industrial facility. Built with 100% union labor, including millions of dollars flowing to minority and women-owned businesses, this environmentally friendly facility that employs thousands of workers in good-paying jobs is a prime example of what can be achieved when companies make an investment in our workers and our communities. ”

James M. Sweeney, President, Int'l Union of Operating Engineers Local 150

“ The Little Village Chamber of Commerce supports the Exchange 55 development because we believe it will result in long-lasting economic growth and a range of long-term benefits to the Little Village Community and surrounding areas. We look forward to the thousands of job opportunities being created in the current economic times. The environmental elements of the project are an added benefit along with the beautification of the area. ”

Board of Directors of LVCC