The development of a $25 million material recycling facility in the Stockyards Industrial Corridor will be supported through a city-owned land sale approved today by City Council.

The .4 acres of city land near 1301 W. Exchange Ave. will be purchased by Lake Shore Recycling Systems (LRS) for the appraised value of $95,000 and combined with approximately 20 acres of adjacent land already owned by the company. The site will be used for the planned construction of a new 165,000-square-foot recycling facility and municipal waste transfer station.

The enclosed complex will use state-of-the-art equipment and manual sorting to separate and recover usable and compostable material from the waste stream, including construction and demolition debris, single stream recyclables, landscape waste, organic waste, wood, asphalt shingles, glass, concrete, cardboard and mixed paper. It is expected to create up to 75 permanent jobs and recover up to 70 percent of the material for recycling.

Founded in 1999, LRS serves the waste disposal needs of private companies, the Chicago Public Schools system, and participates in the City’s Blue Cart residential recycling program.

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