Two centers, called Cobblestone South and Cobblestone North, areplanned for the intersection of Route 34 and Eldamain Road inYorkville. Cobblestone South, located at the southeast corner ofthe intersection, will have more than 150,000 leaseable sf on 20acres and Cobblestone North, at the northeast corner of theintersection, will have more than 450,000 leaseable sf on 50 acres.The two centers are part of a booming market in Yorkville with anestimated three million sf of commercial space planned or underdevelopment on a two-mile stretch of Route 34 between CannonballRoad and Eldamain Road, Runge says. The developer has not decidedasking lease rates yet for Cobblestone South and Cobblestone North.Construction is expected to begin next year on Cobblestone South.There is not a timeline yet for when construction will be completedon the Yorkville centers. Main Street Commercial Partners is alsoworking on the centers in Orland Park, Mokena and Aurora at thesame time, she says. "They are in progress at different states ofdevelopment with all of those sites, and Yorkville is the furthestaway from being completed," Runge says.

Rock Bottom Brewery, which is leasing about 8,100 sf, and Mimi'sCafé, which is leasing about 8,300 sf, are already open in the110,123-sf Main Street Village West, located at 161st Street andLaGrange Road in Orland Park, Runge says. The center will have atotal of 89,963 sf of retail space, an additional 16,400 sf ofrestaurant space and 3,760 sf of office space. Starbucks Coffee hassigned a lease for slightly less than 2,000 sf and LA Boxing, anexercise center, has signed a lease for 45,000 sf at the center,she says. About half of the space is already leased in the center.The asking lease rate for the retail space is between $15 per sfand $35 per sf net, she says. Main Street Village West is scheduledto be completed within 90 days.

The Boulevard will be a 168,800 sf center at 191st Street andLaGrange Road in Mokena. The center will have 74,000 sf of retailspace, an additional 23,000 sf of restaurant space and 71,000 sf ofoffice space. The developer is working on site improvement now.There are no leases signed yet but there are letters of intentnegotiations, Runge says. The asking lease rate for the retailspace is between $15 per sf and $25 per sf net. Some of the outlotpads are expected to be ready this fall with construction on therest of the development beginning next spring.The 287,500-sfFountain Pointe will be at 75th Street and Ogden Avenue in Auroranear the border between the town and Naperville, IL, Runge says.Fountain Pointe will be the largest of the centers and is expectedto be the "most upscale" because of the proximity to Naperville,she says. The center will have 199,800 sf of retail space, anadditional 27,850 sf of restaurant space and 59,050 sf of officespace. Starbucks has signed a lease for approximately 2,000 sf ofspace at the center. The asking lease rate for the retail space isbetween $17 per sf and $35 per sf net, Runge says. Main StreetCommercial Partners has not yet broken ground for Fountain Pointe,but is expected to begin construction in the immediate future. Someof the pad sites may be ready by October.

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