CHICAGO—Whole Foods Market has just brokenground on a 40,000-square-foot anchor for the new Shops onMain center in Schererville, IN, about 25 miles southwestof downtown Chicago. As reported in GlobeSt.com, RegencyCenters Corp. launched the 200,000-square-foot development last yearand began conducting negotiations to bring in what officials thencalled an upscale grocery.
Although Schererville is perhaps not as well-known as thewell-to-do towns on the North Shore, Regency's senior vicepresident and senior market officer NickWibbenmeyer told GlobeSt.com that it still functions as asuburb of Chicago, and furthermore, “it's an underserved market,”with a retail vacancy rate in the single digits. Over 100,000residents live within the primary trade area.
The new grocery should open in the fall of 2015, and joinexisting tenants Homegoods,Gordmans, Ross Dress for Less,DSW Designer Shoe Warehouse and many others. TheShops on Main center sits along Schererville's main corridor at theintersection of Rte. 41 and Main St.
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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.
