A new, 50-acre industrial park is coming to the South Side neighborhood of Pullman, according to the Chicago Tribune. The Pullman Crossings development could include 1.2 million square feet of land and bring thousands of jobs to the neighborhood. 

The project is being led by developer Ryan Companies, nonprofit Chicago neighborhood initiatives, and U.S. Bank. U.S. Bank also owns the land Pullman Crossings will be built on. The number of warehouses — and consequently the number of jobs — will depend on the types of tenants attracted to the development, the Chicago Tribune reports. The development is projected to cost between $50 million and $90 million. 

Pullman Crossings will be located along 103rd Street and Woodlawn Avenue, not far from the soon-to-open Whole Foods distribution center. Construction on the development is slated to start as early as summer of 2018. Down the road, the development could also involve retail space, hotels, residential space, and more.

"This is the culmination of a lot of our work to bring more jobs to the community. In the last 30 to 40 years this area has lost tens of thousands of jobs, which has been a source of the area's decline. Jobs are important in rebuilding the area,” said Chicago Neighborhood Initiatives President David Doig, according to the report.