The owners of WBBM 780 AM/105.9 FM — the top-rated station in Chicago — in 2018 sold the station’s 42-acre transmitter site near O’Hare International Airport to Bridge Development Partners for $46 million. The 695-foot antenna and a smaller backup unit had been in use since 1942, but now a 750,000-square-foot logistics and warehouse complex is being developed on the site.
Bridge Development’s Nick Siegel told TT the spot was made more valuable by a nearby 9.8-mile highway that opened in 2017.
“This site had unparalleled highway access,” he said. “That’s about as close as you can get to O’Hare, and for us this was proximity to the other freight forwarders.”