GLENVIEW, IL-In these sluggish times, when retailers face contraction or closure, a handful of new retail developments are still going ahead. The Von Maur department store chain has finalized a deal to build a store at the Glen, the 1,100-acre, master-planned, mixed-use redevelopment of the former Glenview Naval Air Station.

“We have been working with Von Maur for quite some time,” says Dene Oliver, CEO of San Diego-based OliverMcMillan. “We have had a preliminary agreement in effect since December 2000.” OliverMcMillan is developing the Glen’s retail and entertainment district in partnership with the Village of Glenview.

Construction of the 160,000-sf store will begin in spring 2002 and completed in time for the Christmas 2003 shopping season. Von Maur’s emphasis is “upmarket” clothes while offering amenities such as free shipping and a zero-interest credit card. The Davenport, IA-based company currently operates 17 other stores, including one in Lombard and one in St. Charles, both western suburbs of Chicago.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.