OM Group Breaks Ground on New Fuel Center
31 Oct 2022
The OM Group, along with the City of Belvidere and other local officials, commemorated the new construction of Speed Trek at an official groundbreaking on October 28, 2022.
This new development, located at Genoa Road and Crystal Parkway in Belvidere, Illinois, will see a fuel center with a 12,000 square foot convenience store featuring retail establishments such as Jimmy John’s, Wing Stop and Smoothie King. Future developments will include more retail and hospitality businesses, including a multi-story hotel.
This project will bring hundreds of construction and permanent jobs to Belvidere. The facility will generate sales and property tax dollars to the City, allowing for tax relief to residents. The fuel center will also act as a catalyst to spur future growth in the area.
As part of the development, a new stretch of Crystal Parkway will be completed, connecting Genoa and Tripp Roads, allowing greater access to established manufacturers and businesses.
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