Tuesday, December 29, 2009

News on Roosevelt Collection's Retail

Lost in all the hoopla about the new Kerasotes ICON movie theater is that there is nearly 300,000 square feet of empty retail space at Roosevelt Collection.  It's easy to imagine how this might look eventually, but the reality is that it's weird that the retail portion of the complex won't open until late 2010 or even 2011.  Given the state of the economy it's been rumored that many of the rummored retail occupants have backed out of their leases.  It's hard to know since Centrum Properties, the developer of RC, has been relatively tight lipped about the retail portion of the complex.

Regardless, we wait patiently to hear more about the retail at Roosevelt Collection.  Last week, the Chicago Tribune had a small paragraph about the retail:
Windows in the plaza's storefronts now are covered with colorful vinyl murals, but eventually, said Lisa Balis, senior vice president of retail leasing and marketing, 300,000 square feet worth of retail space will be occupied by a mix of local and national chains. The retailers to include apparel, home furnishings and accessories, health and beauty products, shoes, jewelry, and restaurants are expected to move in by late 2010 and early 2011, she said in a statement.
Again, more vague statements.  It would be great to have all of these types of stores, but if you already have some people lined up, why can't we know?  I guess we will just have to wait....