The deal gives Target a foothold in the heart of downtown Chicago as the retailer looks links of london sale expand into the nation's cities. The city, for its part, achieves a long-standing goal to bring a grocer to the Loop to serve the office district's growing residential population. "Target will be a big traffic generator," said Paul Vogel, principal at Realty Development Research Inc., a Chicago-based retail real estate consultant. "It sells things people Links of London Charms on a regular basis, and it will bring in a lot of people who will also shop somewhere else on the street." Target plans to lease 124,000 square feet over two floors but will dedicate only 54,000 square feet as the selling floor, said Amy Reilly, spokeswoman for the Minneapolis-based retailer. The rest of the space will be used Links of London Back To School Chubby Black Pencil Charm employees, loading areas and storage, she said. The average Target store is 135,000 square feet, including about 100,000 square feet of selling space. The store is slated to create about 200 jobs. "The core of the city is the key," Mayor Richard Daley said at a news conference Tuesday amid Links of London Jumbo Charm ornate columns in the otherwise empty first floor of the Sullivan Center. "If you don't have a core of a city, most cities fail." Target has been in talks with the city and the Sullivan Center's owner and developer Joseph Freed & Associates for more than a year. The agreement marks Target's 11th store in Chicago and its fourth urban format store in the U.S. Last year, Target signed deals to open a 70,000-square-foot store in Seattle, an 85,000-square-foot store in San Francisco and a 100,000-square-foot store in downtown Los Angeles.
Commentaires
Il n'y a aucun commentaire sur cet article.