Bloomingdale's will join Nordstrom, which inked a deal with a year and a half ago for the Boulevard, the 2.5-million-sf, 45-acre second phase of the mixed-used development. A spokeswoman with New York City-based Related Cos., which is handling leasing for developer Thomas J. Klutznick Co. of Chicago, says yet another major retailer will be on board within 30 to 45 days, also taking a prime spot in the Boulevard.
"Our retail team has been working with Bloomingdale's on this for a couple of years," the spokeswoman says. "Having both Bloomingdale's and Nordstrom helps elevate what we can offer to the northeast valley."
The spokeswoman tells GlobeSt.com that CityNorth's $1.2-billion High Street is on track to open in October. The first phase consists of close to 300,000 sf of retail, 320,000 sf of office space and 99 condominiums. She says the first phase is 50% lease-executed and 85% committed on the retail side while the office and residential components are being aggressively marketed.
"We're still on schedule," the spokeswoman says. "Even in the face of an economic slowdown, urban projects are attracting top retailers so we're in a good position." Additional CityNorth phases will include more residential, retail and office space. At build-out, CityNorth's 144 acres at the intersection of 56th Street and Loop 101 will be holding more than 5.5 million sf of retail, office and residential space.
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