Somehow it does not sound appetizing that a hot dog factory might relocate into ... a used hot dog factory.
Also, if the parties aren't even close to agreeing on a land sale --- then the D/E/F road project might still be way far out in the future.
http://www.chicagorealestatedaily.co...-to-south-side
Vienna Beef mulling move to South Side
By: Alby Gallun May 08, 2013
...
The 120-year-old hot dog maker has been dealing with city officials over a plan to reroute Elston Avenue right through the company's current headquarters property, a move aimed at relieving congestion at the intersection of Elston, Fullerton and Damen avenues.
Now, Vienna, a fixture on the North Side since 1972, is considering moving its headquarters to Bridgeport, a shift that could include a subsidy from the city. Vienna has signed a contract to buy a
former Sara Lee Corp. hot dog factory at 1000 W. Pershing Road, confirmed co-president Jack Bodman.
...
The city wants to reroute Elston so it runs through Vienna's property at 2501 N. Damen Ave. The
project wouldn't disturb Vienna's manufacturing because the street would be paved on vacant land just south of the company's 100,000-square-foot factory. The city would acquire the land from Vienna or, if the two sides couldn't agree on a price, seize it through its eminent domain powers.
“They absolutely don't need to move” because of the street reconfiguration, said ... chief of staff for Ald. Scott Waguespack ... . Yet moving to the South Side “makes all the sense in the world” when considering other uses, including retail or residential, that would maximize the value of the Vienna property, said industrial broker Scott Duerkop ...