CHICAGO-During the second day of the two-day International Council of Shopping Centers’ annual Chicago Idea Exchange at the Hyatt Regency, nearly 550 retailers, community developers and brokers convened to discuss trends in the retail industry. Following several informal roundtable discussions, attendees gathered mid-morning for a general session to be presented by Steven Jacobsen, senior vice president with the Mills Corp.

Instead, Mills’ vice president of development Larry Costello greeted the audience and apologized for Jacobsen’s absence. According to Costello, a horse-riding accident left Jacobsen homebound and unable to attend the conference. Moving directly into his presentation, Costello discussed only the details of the company’s 108 N. State St. project.

The development, formerly known as Block 37, will feature approximately 400,000 sf of retail, entertainment and dining offerings; 200,000 sf to 450,000 sf of office space, a 200- to 300-room hotel, a 200- to 300-unit residential tower, and a CTA transit station providing service to Chicago’s O’Hare and Midway airports.

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