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.

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