In the heart of Will County, a new development project is taking shape. The RockRun Collection, a 310-acre super-regional center, is set to redefine the landscape with a blend of:
- Retail
- Restaurant,
- Entertainment
- Hospitality
- Office
- Healthcare
- Multi-family residential
One notable element that makes this project unique is the recent addition of warehouses to the development plans, further broadening the scope and utility of the area.
Owned and developed by Cullinan Properties, RockRun Collection is an under-construction 310-acre super-regional development site. Located at the intersection of I-80 and I-55, the Development stands as a gateway to Chicagoland, providing super-regional access from Central Illinois, Iowa, and Indiana markets. Its visibility from the highway and its proximity to major transportation networks make it an ideal spot for a variety of businesses and industries.
The construction of the first wall of a new warehouse marks a significant milestone in the project's progress. This warehouse, far from being an adjunct to the entertainment and retail sections, is a vital part of the complex, showcasing the diverse functionality that the Rock Run Collection aims to provide.
The inclusion of warehouses in the project was solidified by the Joliet City Council, which approved measures including tax incentives and a rezoning of about 17% of the site for industrial development. This portion, approximately 59 acres, has been zoned for light industrial use and is situated on the east end of the property, adjacent to the existing Rock Run Business Park, which primarily consists of warehouses.
In 2023, the construction industry faces unique opportunities and challenges. The Infrastructure Investment and Jobs Act and the CHIPS and Science Act of 2022 have brought substantial funding to the nonresidential segment. However, headwinds such as inflation and supply chain issues may continue to affect the industry overall in the coming year. The Rock Run Collection, with its diverse functionality and strategic location, offers a promising way forward in navigating these industry trends.
RockRun Collection states that the development will be an exciting destination for entertainment seekers, with Hollywood Casino Joliet and a state-of-the-art Regal Cinemas anchoring the selection of retail shops and restaurants.
The RockRun Collection is more than a development project; it's a vision for the future. A future where commercial, residential, and industrial spaces coexist and complement each other, creating a dynamic environment where businesses can thrive. For commercial construction professionals, the project exemplifies the kind of multi-faceted developments that are shaping the industry's future, showcasing how versatility and strategic planning can help navigate a volatile market and capture growth.
With the population expected to rise by 76% to 1.2 million and employment to increase by 116% to 437,000 in the area, Rock Run Collection stands to be a significant player in the region's economic growth and development. As the walls of the new warehouse rise, so too does the anticipation for the positive impact this project will bring to Will County and beyond.