The Future Of Retail In The Age Of Amazon

The Mall of America’s terrazzo floors, glazed white like doughnut frosting, ribbon out in every direction, creating a vast mirror maze of consumerism with 520 glassy storefronts. Shoppers, who have escaped an endlessly gray Bloomington, Minnesota, sky on a Monday morning in October, drift through the largest mall in the United States like tourists at an Atlantic City buffet.
November 27, 2017

Movie Theater, Creole Restaurant Planned For South Shore

SOUTH SHORE — Developers unveiled plans Tuesday night for a new movie theater and restaurant complex in a former bank in South Shore. Alisa Starks, who developed movie theaters in Chatham and Lawndale, said at Tuesday night’s 5th Ward meeting that she plans to demolish the former Urban Partnership Bank at 7054 S. Jeffery Blvd. and build an entertainment center.
October 7, 2017

New two-story retail development on its way to Chicago’s Chinatown

Last week, the City of Chicago issued a new foundation-only construction permit for a two-story garage and retail complex slated for the intersection of 23rd Street, Archer, and Canal in Chinatown. Spotted by the keen-eyed users on the Chicago forum at Skyscraper Page, the upcoming development will include 40 micro-sized “commercial condo units” and parking for 74 vehicles.
October 7, 2017

There Will Be More Retail Stores Opening Than Closing In 2017

You read the headline right, there are more retail stores opening this year than there are stores closing. You may say, but when I walk down almost any shopping street, I see so many vacancies where there were previously tenants, so... how can there be more openings than closings?
September 12, 2017

New Strip Mall Eyed For Englewood; City Selling 5-Acre Lot To Sterling Bay

ENGLEWOOD — City officials plan to sell a long-vacant five-acre lot in Englewood for $1.3 million to a high-profile developer in an effort to build shops and stores along Wentworth Avenue near 69th Street.
September 11, 2017

City approves new Jewel Osco to be built on 61st Cottage Grove

The city announced, Monday, Aug. 28, its approval of a new Jewel Osco, which will be built on the corner of 61st Street and Cottage Grove Avenue.
September 7, 2017

Why are so many stores closing in Chicago?

The first to close was the video rental store. It had been there well over a decade, but who still picks up DVDs when you can stream everything? Then it was the picture framing shop—maybe the new owner didn't have the interest his dad did when he ran it—and then the Sportmart outlet when the chain went out of business, the interiors store that had stuff you couldn't find anywhere else in Chicago and, a few days ago, storied Melrose Diner.
August 14, 2017

Who’s Headed To The New Evergreen Market Place Development?

Retailers are lining up to open in the new Evergreen Market Place, a contemporary outdoor mall replacing the former Evergreen Plaza anchoring the corner 95th Street and Western Avenue in Evergreen Park. Leasing agent Lormax Stern has lined up an impressive array of retailers, many of them mall staples, set to open this fall.
August 9, 2017

Rent Hike Forcing Zberry Frozen Yogurt Shop To Close For Good, Owner Says

HYDE PARK— Frozen yogurt shop Zberry is closing for good after this summer, its owner said. Zenzile “Zenzi” Powell said her rent has doubled and she has no choice but to move from her location at 1368 E. 53rd St. after almost seven years in Hyde Park.
August 4, 2017

Adaptive reuse plan announced for two old warehouses in Chicago’s Pilsen neighborhood

A developer has tapped Chicago-based architect JGMA to rehab a pair of old lumber distribution warehouses in the Pilsen neighborhood into new loft space. Dubbed ‘Mural Park,’ the adaptive reuse project comes from Condor Partners who had purchased the twin properties at 1901 and 1911 S. Sangamon Street last year.
July 14, 2017