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Related Unveils New Retail Concept

The use of shipping containers lowers the cost for retailers, and provides far more flexibility.

chi-RMW725BoxShopsRendering The shipping containers can be rented for as little as $1,000 a month.

CHICAGO—Most experts from the retail world say operators and landlords need to think creatively to respond to the advent of e-commerce. Related Midwest, a Chicago-based developer, will in June start just such an experiment. It will open “Box Shops by Related,” a pop-up container market that will feature local businesses and be anchored by Related Midwest and Equinox, a lifestyle, fitness and wellness brand affiliated with Related Cos.

Located at 725 W. Randolph St., where Related Midwest plans to build a 370-unit mixed-use tower featuring the Midwest’s first Equinox Hotel and a 30,000-square-foot Equinox health club, Box Shops by Related marks the developer’s first collaboration with Chicago-based Latent Design.

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Brian J. Rogal

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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