HOFFMAN ESTATES, IL-Cabela’s Inc. is constructing an 185,000-sf store here at 5225 Prairie Stone Parkway in the Prairie Stone Business Park. The Hoffman Estates store will be the first store in Illinois, says a spokesman for the company. Kraus-Anderson Construction Co., headquartered in Minneapolis, is the general contractor for the project. A specific price was not available, but the cost to construct a store usually ranges from $20 million to $50 million, the spokesman says.

The store is scheduled to open Sept. 21. Four hundred employees have already been hired for the store. The Cabela’s will have outdoor sporting products in addition to a 16,000-gallon aquarium, museum-like dioramas and other wildlife displays and a two-story Conservation Mountain with waterfalls, a stream and a trout pond. “I like to say it is a retail store wrapped around a museum, wrapped around an aquarium,” the spokesman says. The store will also have a restaurant, two conference rooms, laser arcade, indoor archery range and dog kennels for customers to leave their dogs while they shop.

Cabela’s chose Hoffman Estates for its first Chicagoland location because it is a “premier retail spot,” the spokesman says. “It has high visibility, strong traffic patterns from either direction and, most importantly, it is located in an up and coming tourist and shopping destination area.” The store will be located in the Prairie Stone Business Park, a 780-acre business park at I-90 and Route 59. Also located in the park is the Sears Centre Arena, which has seating for up to 11,000 people and hosts more than 100 events a year such as concerts and sporting events such soccer, lacrosse and football. The Sun Island Hotel Water Park will also be constructed there.

The location is expected to have four million people visit the store annually, the spokesman says. The number of visitors is estimated based on current customers in the area for Cabela’s website and catalogue in addition to the area’s population density. The Hoffman Estates location is part of a nationwide expansion planned for this year. The Sidney, NE-based company, which has typically concentrated its stores in the Midwest, plans to open seven additional new stores this year in Hoffman Estates; Gonzales, LA; East Hartford, CT; Hammond, IN; Reno, NV; Post Falls, ID; and Lacey, WA. Stores are additionally planned to open next year in Greenwood, IN and Scarborough, ME.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.