Anthropologie is set to open a massive store in the heart of downtown Chicago next fall. The 12,000-square-foot mega-store will be located at Block 37 which is a mixed-use development with residential, hotel, office,
retail and entertainment components in downtown Chicago.
Anthropologie’s store will occupy the first and second floors of a
building that fronts State Street and Washington Boulevard. The women’s
retailer has six other stores in the greater Chicago area including one nearby in the Gold Coast.
According to WWD, the
Block 37 site, between Macy’s and the Daley Center, has had a
somewhat checkered past. The entire block was torn down by the city in
1989. The plan was to make Block 37 the centerpiece of a redeveloped
North Loop. Yet, while the rest of the North Loop was redeveloped by
the private sector, Block 37 remained unbuilt and an eyesore. Project
after project fell through as tenants and financing failed to
materialize. Finally, two local developers undertook projects at the
site, striking the right balance between office, residential and
retail. Golub & Co. built a 17-story office tower and Joseph Freed
& Associates is developing the 278,000-square-foot retail area.
In addition to Anthropologie, tenants that have signed leases at Block
37 include Puma, Zara, Lululemon, Steve Madden and Ben Sherman.
Entertainment and dining venues will be provided by Muvico Theaters,
Rosa Mexicano and Lettuce Entertain You.
In November, Block
37’s largest retail tenant, a 40,000-square-foot David Barton Gym,
pulled out of the project. According to Joseph Freed & Associates,
the retail portion of Block 37 is more than 50% leased.
Source & Photo: WWDSee the Top Ten Summer 2016 Trends for Women Over 40