
BLOOMINGDALE, Illinois (September 30, 2011) – Leopardo, tvsdesign and Core Project Management recently gave reporters a sneak peak at the construction progress of the new, $35 million Scottish Rite Valley of Chicago headquarters.
Building Design + Construction, Illinois Real Estate Journal and Real Estate Bisnow sent their respective editors to tour one of the most exciting construction projects underway in Chicagoland.
According to Illinois Real Estate Journal Editor Mark Thomton:
After a year-long search that included 60 different sites, the organization settled on Bloomingdale, where it paid $10 million for a 16.25-acre-site. The group would invest another $25 million into the new, 61,000-square-foot facility. The $35 million was an all-cash investment with many of the proceeds coming from the sale of the Dearborn St. location.
Scottish Rite is one of the numerous appendant organizations associated with Freemasonry. There are three degrees of Freemasonry: Entered Apprentice, Fellow Craft, and Master Mason. When a member obtains the Master Mason designation, he may decide to continue other Masonic pursuits by joining one of the appendant bodies, such as the Scottish Rite.
The Freemasons describe themselves as a fraternal organization, and although words such as cathedral, ritual, or ceremony, are often used when discussing the group’s activities, it does not have any religious or political affiliation. Its roots can date back to the late 16th century and now it boasts six million members worldwide, including 2.5 million in the U.S. and 68,000 in Illinois. The order has counted many prominent Americans among its ranks, including 14 U.S. Presidents, Benjamin Franklin, astronaut John Glen, politician Bob Dole, and military leader and statesman Colin Powel.
Winning such a large build-to-suit in an otherwise stagnant construction market was a significant achievement for Leopardo and tvsdesign, which have both been associated with the project since March of 2010.
- Click here to read the full Illinois Real Estate Journal article.
- Click here to read the Real Estate Bisnow story.
- The Building Design + Construction article is expected to be published in its December issue.






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