BELOIT—The Greater Beloit Economic Development Corporation (GBEDC) took action on Wednesday to approve a third amendment to the Hendricks Commercial Properties (HCP) speculative industrial building project.

The amendment allows HCP additional time to finalize the title work, according to GBEDC Executive Director Andrew Janke.

Closing is expected on Dec. 30.

The HCP project in the Gateway Business Park will include two future speculative buildings for industrial clients.