The development will be constructed on a 53-acre site adjacentto the Naperville Polo Club in Naperville, IL, says Terry McEwen,president of Poag & McEwen Lifestyle Centers. "That part ofChicago is the fastest growing area of Chicago today. There are nowsufficient demographics that will support a large quality lifestylecenter, and it is part of the market that is void of quality retailand restaurants," McEwen says.

Von Maur purchased the site for its department store for anundisclosed amount. The department store will be the sixth inIllinois with existing stores in St. Charles, Forsyth, Moline,Glenview, Normal and Lombard. With the opening of the store inPlainfield, there will be a total of 22 Von Maur department storesin Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota,Nebraska and Ohio.

The outdoor lifestyle shopping center is scheduled to open inthe fall of 2009. McEwen would not disclose the estimated value ofthe project. Poag & McEwen is currently in discussions withother retailers but no leases have been signed at this point,McEwen says. The developers are in discussions with a bookstore,outdoor sporting goods store, gourmet grocer, a theater and hotel,fashion retailers and several restaurants. McEwen would notdisclose asking lease rates for the shopping center, saying therate will vary depending on the size of the space.

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