The Cubes at French Lake
Located at the foot of the Lewis and Clark Bridge in the 1600 block of East Broadway in Alton, Illinois, Alton Center Business Park is being co-developed by Clark Properties and Clayco. Abandoned in 1993, the 153-acre former Owens-Illinois Glass Bottle Plant site has been transformed into a mixed-use development with an estimated completion value between $80 and $100 million.
Alton Center Business Park is being developed in two phases. In the first phase, more than one million square feet of buildings were demolished, leaving two warehouse buildings standing. Both were stripped to their framework, and new siding and roofs were installed. The two former warehouses totaling 452,000 square feet are being renovated to meet tenant needs, and 75 acres of land are available for development. American Waterworks Co. opened a national customer service center in one of the renovated warehouses.
In the second phase of development, infrastructure will be added to the north side of Alton Center Business Park, and lots will be sold for new development, or new buildings will be constructed and leased/sold under build-to-suit agreements.
Alton Center Business Park won a Community Impact Award from the prestigious Phoenix Award program, which recognizes innovative environmental remediation projects that return blighted commercial and industrial sites to productive use.