Developer plans Aurora Corporate Center expansion
By Stephanie Lulay email@example.com August 1, 2013 10:52AM
Tom Burgess, founder of Burgess Commercial Real Estate, Mayor Tom Weisner, Alderman Rick Mervine and others pose for a ribbon cutting at AIR802, a company that manufactures equipment for wired and wireless use. Photo Credit: Aurora Regional Chamber of Com
Updated: September 3, 2013 7:38AM
AURORA — Citing a successful last year, the owner of the Aurora Corporate Center recently announced plans to expand the business park.
Tom Burgess, developer of the Aurora Corporate Center and founder of Burgess Commercial Real Estate, said that current ACC properties on Beverly Drive near Bilter Road are nearly sold out and that he plans to start construction on a new building soon.
“We’re planning on it. We have the plans drawn up,” Burgess said.
Plans will soon be presented to the city, he said.
The next building in the corporate center will be a 40,000- to 50,000-square-foot multi-tenant building.
“Units will start at about 1,700 square feet (with rental) going up to the whole building,” Burgess said.
Last month alone, the Aurora Regional Chamber of Commerce held six ribbon cuttings at the Aurora Corporate Center, said Chamber President Joe Henning. Those companies were: Air802, Centa Corporation, Collins and Company, Facility Supply Systems, Inc., Flooring Connection and Nexvision Productions.
“(This) speaks to the continued economic development of the community,” Henning said.
Burgess’ investment in a new building shows “a positive trend in the economy for the region, especially for the state’s second largest city,” Henning said.
Burgess said that the “excellent last year” was because small businesses are able to take advantage of incentives that the city of Aurora offers, including tax increment financing funding. The location of the corporate park just north of Interstate 88 and Farnsworth Avenue is a major plus, too, he said.
“We’re really pleased to be in a city that’s very proactive in recognizing that you have to set yourself apart in the marketplace. Last year, the marketplace recognized the great product and great commodities (in the corporate center),” he said.