Quote:
Originally Posted by SamInTheLoop
So I think it's something like 1 week to opening at the Village Market. Was curious if anyone has heard any recent leasing progress on the small spaces? I haven't heard about any new leases for several months - we have the supermarket, the steak joint, the nail salon, coffee shop, 2nd and 3rd restaurants (one of them the breakfast place and the other a brasserie).........has progress halted? Definitely seems like more than half of the spaces are still unspoken for (although of course by sq ftge, the leased percent is probably over 70%). I realize this is not an easy leasing market for developers, but I believe they should have been able to land some more tenants in the smaller spaces by now - this project has been in the works for a loooong time....
Still, it's an exciting time for LSE. The Village Market, the hotel in Aqua opens in 5 weeks, and imo what will be one of the best pieces of architecture in this part of the city will soon be rising in the skyline in the form of Coast.........
Is there still a school planned for LSE, or is that dead? Haven't heard a peep on that for at least a few years.....
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Well, this answers some of your questions Sam:
Mariano’s supermarket to open downtown
"A Mariano’s Fresh Market grocery store will open next Tuesday at Lakeshore East, the massive mixed-use development on the lakefront immediately south of the Chicago River, according to Magellan Development Group LLC, the project’s developer. Mariano’s, a new chain run by Milwaukee-based Roundy’s Supermarkets Inc., has three stores in the Chicago area — on the North Side and in Arlington Heights and Vernon Hills. In addition to the 55,000-square-foot supermarket, the Dallas-based III Forks Steakhouse chain plans to open a 13,000-square-foot restaurant at Lakeshore East on Wednesday. The supermarket and steakhouse will be in Village Market, a 105,000-square-foot retail center at 333 Benton Place. The property is about 79% leased, according to spokeswoman for Chicago-based Magellan..."
http://www.chicagorealestatedaily.co...field-marianos
"..Two other restaurants preparing for 2012 openings, Maison Brasserie Moderne and Eggy’s breakfast café will provide jobs for dozens more..."
http://www.magellandevelopment.com/company/news/
Also, the CHALK Preschool is now open at The Tides across from the Village Market:
http://www.magellandevelopment.com/c...chool-is-open/