Author Topic: Last Rail-Served Customer Sipi Metals Sells Land to Developer  (Read 1959 times)

TBurke

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Last Rail-Served Customer Sipi Metals Sells Land to Developer
« on: August 08, 2017, 07:21:51 AM »
An article in Crain's Chicago Business talks about developer Sterling Bay acquiring riverfront properties on Chicago's North Side including the former Finkl Steel site and now Sipi Metals.  Get your pictures while you can of gondolas on Sipi's spur.

http://www.chicagobusiness.com/realestate/20170801/CRED03/170809988/sterling-bay-cuts-105-million-deal-with-city-for-riverside-parcel

The article is focused on the purchase of the City of Chicago facility where Wabansia dead ends at Throop.  This building used to be part of the huge Proctor & Gamble plant which closed around 1990.  You can see in the aerial photo that accompanies the article the two large doors facing Wabansia where the Milwaukee Road once switched boxcars in and out for outbound shipments I believe of soap.  This traffic later shifted to trucks but P&G continued to receive rail service from the C&NW with inbound loads of raw materials on tank cars from the south along Magnolia until it closed.  A Home Depot now sits on that part of the old P&G site.

Prior to P&G being on that site, it was the home of an Illinois Steel (part of US Steel) plant and serviced by an isloated EJ&E operation.  The EJ&E (owned by USS) interchanged with both the Milwaukee Road and the C&NW at the Rolling Mill Yard which was between Sipi Metals and the Kennedy Expressway today.

 

cnwnorthline

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Re: Last Rail-Served Customer Sipi Metals Sells Land to Developer
« Reply #1 on: August 24, 2017, 12:19:23 PM »
As of last week there were 2 gons parked for Sipi.