Quote:
Originally Posted by VKChaz
Did I read correctly that this development will include 160,000 sq ft of retail?
Is this meant to host national chain stores?
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Different sources say 160,000 vs 106,000.
But yes, the spot at the corner of Fullerton and Lincoln will be an enormous retail space big enough for several specialty chain retailers, a full size supermarket, or a compact discount store like Target (in fact, I'd bet Hines/McCaffery are giving the full court press to Target).
Other retail spaces are scattered around the development, many of them seem more tailored to restaurant/bar use. For the courtyard in the center, McCaffery probably wants apparel retailers like Roosevelt Collection or Market Common Clarendon. The high incomes in the neighborhood are surely attractive to national clothing chains, but apparel retailers haven't done well in Lincoln Park in the past few years; a lot of them around Halsted/Armitage closed up shop in favor of new/expanded locations downtown or at North/Clybourn, Damen, Southport. Admittedly this development is different with dedicated parking, so hopefully it succeeds.