CHICAGO—Whole Foods Market has just broken ground on a 40,000-square-foot anchor for the new Shops on Main center in Schererville, IN, about 25 miles southwest of downtown Chicago. As reported in GlobeSt.com, Regency Centers Corp. launched the 200,000-square-foot development last year and began conducting negotiations to bring in what officials then called an upscale grocery.
Although Schererville is perhaps not as well-known as the well-to-do towns on the North Shore, Regency's senior vice president and senior market officer Nick Wibbenmeyer told GlobeSt.com that it still functions as a suburb of Chicago, and furthermore, “it's an underserved market,” with a retail vacancy rate in the single digits. Over 100,000 residents live within the primary trade area.
The new grocery should open in the fall of 2015, and join existing tenants Homegoods, Gordmans, Ross Dress for Less, DSW Designer Shoe Warehouse and many others. The Shops on Main center sits along Schererville's main corridor at the intersection of Rte. 41 and Main St.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
