Home Search this Site The Commission: About Us Accomplishments Board of Directors Meetings Meetings e-Newsletters Position Statements Press Releases Current Issues UCC Award Winners Wish List Join/Support Us Contact Information Uptown Information: Affordable Condos Block Clubs Census CURL Study
Housing and Land Use
Peregrine Falcons Resource Links TIF Districts ULI Report
Entertainment District
Archived News Articles


Uptown in the News  

January 19, 2004
Crain's Chicago Business
Cheap-chic retailer mulls fourth city site
Late Breaking News...

Target Corp. is negotiating to build or lease a 180,000-square-foot store in the Wilson yard mixed-use development in Uptown. The Minneapolis-based retailer is evaluating a letter of intent from the site's developer, a joint venture of Holsten Real Estate Development Corp. and Kenard Corp., said Holsten President Peter Holsten. Target has just two stores in Chicago and is building its third at Roosevelt Road and Clark Street in the South Loop. Target would run a two-level store on the five-acre Wilson Yard site, just south of the Wilson Avenue elevated train station on the Chicago Transit Authority's Red Line, Mr. Holsten said. California-based Century Theatres Inc. also has signed a letter of intent to operate a movie theater that would be built atop the Target store, he said. A Target spokeswoman did not return a call.

return to news index

top of page

Copyright 1955– Uptown Chicago Commission. All rights reserved.