There’s been a lot of development news for the South Loop over the past several months, but most of it relates to game-changing residential buildings and projects that could totally change the South Loop real estate landscape entirely.
Yesterday, however, DNAinfo reported another new construction project has been announced for this rapidly developing part of downtown Chicago, but this time, we’re looking at welcoming a new four-story, 120,000 square foot mall that’s being planned for the northeast corner of Taylor and Jefferson Streets.
According to the report, construction for the mall could start as early as March, putting the Grand Opening for sometime in the spring of 2017. Although developers think about 10 tenants could have space inside the new retail building, leases have not yet been signed. Once finished, the new boutique mall will be in direct competition with The Maxwell shopping center that only opened back in 2014, which is also only about a block away. That particular building has about 216,000 square feet of retail space and already includes a Nordstrom Rack, Pier One, and Buffalo Wild Wings.