Project Profiles

2/28/2017


Main Street Promenade




Location: Naperville, Ill.


Size: About 182,000 sq. ft.


Owner: Retail Properties of America Inc.


Key tenants: Anthropologie, J.Crew, Soft Surroundings, Ann Taylor Loft, Sur La Table, White House Black Market, and Hugo’s Frog Bar & Fish House


Status: Open and operating, but includes a vacant parcel that has approval for future development of up to 62,000 sq. ft. of mixed-use space


Main Street Promenade is a 182,000-sq.-ft. mixed-use project that includes approximately 103,000 sq. ft. of retail and approximately 79,000 sq. ft. of office located in the heart of downtown Naperville. Naperville is located just 30 miles from Chicago and is the destination of choice for shopping, dining and relaxation with over 100 national and boutique stores, 40 national and local restaurants and 300 businesses. It epitomizes the work, shop, play lifestyle. The property is also located within a “Super ZIP,” one of the most affluent and well-educated ZIP codes in the country, and boasts average household income of $130,000 and a population of 215,000 within a five-mile radius.




Geneva Commons




Location: Geneva, Ill.


Size: Approximately 437,546 sq. ft.


Owner: LPS Geneva Commons LLC, LaSalle Investment Management


Property manager: Mid-America Asset Management


Anchors: Barnes & Noble, Dick’s Sporting Goods, Crate & Barrel


Key tenants: Sixty-five upscale merchants including Pottery Barn, Williams-Sonoma, Sephora, Forever 21, H&M, Victoria’s Secret, Pink, Express, Chico’s, Loft, Gap, Banana Republic, and Coach


Status: Open and operating since 2002


Geneva Commons offers a unique collection of stores, restaurants, cafes and services in an inviting open-air setting. Situated along Randall Road in the western Chicago suburb of Geneva, the center is home to Crate & Barrel, Barnes & Noble, Dick’s Sporting Goods, Sephora, Chico’s, Coach, H&M, Forever 21, Loft, Banana Republic, Pottery Barn, Pink, Victoria’s Secret, California Pizza Kitchen and Houlihan’s, among many others. A hub of community activity, Geneva Commons offers seasonal events such as visits with the Easter bunny, summer concerts, and Girls’ Night Out. Holiday events include a tree lighting, visits with Santa, horse-drawn carriage rides, and celebrations for the whole family to enjoy.


Recently, several digital screens have been installed to accommodate a free outdoor movie series set to kick off in summer 2017. Coming soon is a makeover to the central common area that will offer enhanced amenities for visitors including comfortable seating, pergolas, a fireplace, interactive art installations and a life-size chessboard. The goal is to create a central gathering area that will elevate the quality of the shopping experience for customers. It will encourage visitors to take time to sit and relax, and just enjoy the outdoors.




The Court at Deptford




Location: 1500 Almonesson Road, Deptford Township, N.J.


Size: 361,103 sq. ft. of GLA


Owner: DLC Management Corp.


Anchors: Burlington Coat Factory, Hobby Lobby, Ross Dress for Less, Launch Trampoline Park


Key tenants: Shoe Carnival, Party City, Pier 1 Imports, Chuck E. Cheese’s


Status: Open and operating


Since purchasing the center in the summer of 2014, DLC has been hard at work implementing a complete renovation and remerchandising program. A brand new 60,000-sq.-ft. Burlington Coat Factory opened at the center in March 2015. Party City relocated to a new, larger 17,000-sq.-ft. space next to Dress Barn. The past year saw the addition of the center’s newest anchor tenant, Hobby Lobby, along with the signing of the 32,000-sq.-ft. Launch Trampoline Park. Physical improvements at the center include a complete façade modernization, total roof replacement, parking lot repaving and restriping, sidewalk repairs, landscape enhancements and lighting improvements.


X
This ad will auto-close in 10 seconds