The future of Mars Wrigley’s historic Galewood candy factory lies in the hands of real estate veteran Dan McCaffery.
Chicago-based McCaffery Interests plans to repurpose the historic site at 2019 North Oak Park Avenue, the Chicago Sun Times reported.
Mars previously intended to donate the site, but it has since reached an agreement to sell the property to McCaffery, a move that has been met with approval by local officials.
No specific redevelopment plans have been revealed, but the site offers extensive possibilities. Its prime location, adjacent to a Metra station, makes it suitable for a mix of residential, retail and industrial uses.
McCaffery has built a reputation for managing large-scale projects that require significant community engagement. One of the firm’s most notable achievements is the redevelopment of the former Children’s Memorial Hospital in Lincoln Park, which involved 63 community meetings.
The company plans to bring a similar approach to the Galewood project, with extensive input from alderpersons and neighborhood groups.
“We’re going to talk to a lot of people before we put pencil to paper on this,” McCaffery said, referring to his process as a “dating spree” of meetings to gather input.
The Galewood factory, known for producing Snickers and Milky Way bars, has been a neighborhood fixture since 1929. With its Spanish Revival design, the factory is expected to receive landmark status from the City Council, ensuring that its architectural legacy is preserved.
McCaffrey plans to incorporate the building’s unique character into the redevelopment while creating modern spaces that serve the community.
“We intend to be part of the community and not a renegade,” McCaffery said, noting Mars’ continued involvement in the planning process.
Mars is expected to close the factory this year, but a company spokesperson said the company remains committed to ensuring that the site’s redevelopment benefits Galewood residents.
McCaffery plans to start meeting with stakeholders soon, with early expectations to have plans ready for city approval sometime next year.
— Andrew Terrell
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