Wednesday, May 29, 2013

Mariano's and Wal-Mart to Bronzeville?

Found below article over at Crain's Chicago

Two big retailers are honing in on properties for new stores in Bronzeville on the South Side.

Milwaukee-based Roundy's Supermarkets Inc. plans to open a Mariano's Fresh Market on land owned by the Chicago Housing Authority near 39th Street and Martin Luther King Drive, according to a person familiar with the project.

Less than a mile from that site, at 39th and State streets, Bentonville, Ark.-based Wal-Mart Stores Inc. wants to open a supercenter, another source said.

The projects provide a vivid example of how retailers are scouring the market for development parcels with strong population densities, often in Chicago.

Gigabit Squared is looking to transform nine Chicago neighborhoods, and just keep growing from there.

Technology projects worth $150 million will transform nine South Side neighborhoods by 2015 with a data center, a job training center and ultra-high-speed Internet connections that will bring Chicago’s fastest fiber and wireless broadband capacity to 100,000 residents and 11,000 schools, businesses, hospitals and clinics, the project’s leader says.Story continues at Chicago Grid.

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