Building new offices in a suburban market full of empty space takes something special.
Flint Creek Corporate View at 760 W. Main St. in Barrington is the first phase of something special: a 70-acre site which includes about 15 acres of conservation area.
“It is like building offices in a forest preserve,” according to Dan Bessey, first vice president of CB Richard Ellis Office Brokerage Services located in Schaumburg. “There are not a lot of nice new offices with nice views.”
The first phase will include two two-story buildings of about 30,000 square feet each on an 11-acre site overlooking the Flint Creek Conservation Area.
The first building in what he said is the City’s only Class A office development is being anchored by CTI Smith Barney with 8000 square feet of space on the second floor. The company will be moving from another office location in Barrington.
No other leases have been signed yet for space which is expected to be available in August. Bessey said spaces can be designed for smaller users of such sizes as 3000 square feet. Exact prices will be established soon, but he said the amount will be around $28 per square foot gross.
Other spaces could range from 1,000 square feet to 18,500 square feet. Due to the notches or offsets in the building design, up to eleven corner offices are available on the first floor.
Other office buildings will be constructed on another 24 acres according to an unspecified schedule.
Eleven acres of that amount will be called Flint Creek Reserve. Designs, which have not been done yet, could include spaces from 4000 square feet to 23,000 square feet. The total space is expected to be in the 90,000 to 100,000 square feet.
In later phases of approximately 220,000 square feet, some offices could be for sale, rather than leasing. Bessey said prices have not been established yet for the offices which could be marketed to relatively small company entrepreneurs who want to have an office close to their homes in Barrington, Barrington Hills or other nearby locations.
These offices could also be used by doctors and other medical professionals connected with Advocate Good Shepherd Hospital.
Other office users could be lawyers or real estate people, Bessey indicated.
The site will also include four single-family lots of about five acres each.
Part of the site was the home of Uarco, Inc., a document management and business forms printer which was purchased for $245 million by The Standard Register Co. based in Dayton, Ohio. The Uarco building was torn down.
The property, which includes land in both Barrington and Barrington Hills, is being developed by a joint venture of Great Lakes principals, LL.C. of Wheaton and the Wamberg Family Trust, the owner of the site.
Great Lakes Principals, which was founded in 1991, has structured three divisions: The Development Business, the Lease/Marketing Business and the Construction Management Business. These units can act independently, or interactively, drawing upon the multi-disciplines resources of the entire firm to meet client’s objectives. The partners are Timothy Barrett, James Mackenbrock and Eugene Porto, who is working on the Flint Creek development.
The broad, service oriented perspective offered by Great Lakes Principals have produced a variety of assignments thathave met the real estates needs of its diverse clients including Dominick’s Finer Foods (Safeway), Super Valu (Jewel/Osco) Best Buy Stores, Target Stores, Factory Card Outlet, Circuit City, Michael’s Crafts, Linens ‘N Things, PetCo, Kmart, Walmart, Walgreens, Kids R Us, Babies R Us, Staples, TJ Maxx, Marshalls, Kohls, Menards, and others.
The general contractor of Flint Creek Corporate View is Leopardo Construction, whose corporate headquarters are located in Hoffman Estates. Leopardo’s team of 500 experts is responsible for constructing office, healthcare, senior housing, retail, industrial, tenent interiors, residential condominiums, aviation and community projects, such as libraries, churches and educational institutions.
The first two-story building will feature a grand staircase entrance and a high-end masonry stone façade with a glass curtain wall.
Leopardo, which includes green or environmentally features, will reuse some of the materials from the torn down office building including asphalt from the previous parking lot, according to Rob Wissolik, project manager. The site will also include landscaping which uses reduced amounts of water.
The designer for Flint Creek Corporate View is Stewart-Nosky Architects of Lisle. Mark Nosky said the Prairie style design fits into the context of the very wooded site.
The exteriors of the two buildings include a combination of two brick colors (one more red and the other tan) and pre-cast concrete.
The recessed notches in the buildings create more corner offices and provide inviting outdoor terraces, according to the architect.
Dan McLeister, Contributing Writer