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Function commences on new Ogden Avenue searching middle in Naperville with ‘high-profile grocer’

Earlier this yr, Naperville Mayor Steve Chirico indicated a new grocery concept could be tied to the redevelopment of a extensive-vacant East Ogden Avenue home.

That system is shifting ahead in the kind of a $19 million browsing center aimed at revitalizing the corridor and respiratory daily life into the former Truthful Oaks Ford dealership web site, the improvement team declared last week.

        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        

 

Thompson Thrift Retail Group has acquired the 4.2-acre parcel and started building on a 46,000-square-foot development to switch the just lately razed dealership at the North Naper Boulevard intersection, according to the Indianapolis-based mostly business.

After sitting dormant for about eight a long time, the web site at 1351 E. Ogden Ave. is slated for an “undisclosed nationally regarded enterprise” that Thompson Thrift describes on its web-site as a “superior-profile grocer.” An opening is specific for late 2021, builders mentioned.

The 35,000-square-foot anchor store is predicted to be accompanied by about 11,000 square toes of retail house, according to a task website plan.

“Our team’s standing for execution and excellence allowed us to obtain a important home with a signed anchor tenant that will be well-acquired by the neighborhood,” Vice President of Improvement Ryan Menard said in a assertion.

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The redevelopment of the Reasonable Oaks internet site was amid the East Ogden jobs highlighted by Chirico all through his State of the City tackle in May, in which he inspired responsible enhancement that generates work opportunities and boosts the city’s tax foundation. Also aiding to revive the corridor are programs to open Naperville’s 2nd Costco warehouse at the nearby Ogden Shopping mall house, formerly dwelling to a Kmart that shut in 2013.

Other the latest additions in the place consist of the 1st U.S. locale of the Guzman y Gomez restaurant, a new Culver’s and an early mastering centre, plus countrywide chains these as Andy’s Custard and Starbucks.

Redeveloping the previous Reasonable Oaks Ford is Thompson Thrift’s initially undertaking in Naperville, which has “sturdy fundamentals” in areas of employment, education and learning, security and top quality of lifestyle, Menard reported.

Positioned involving two intensely traveled roadways, the “gateway parcel” has been eyed by possible builders for several years, Naperville Advancement Partnership President Christine Jeffries mentioned in a statement.

“We are happy that Thompson Thrift will be transferring forward with their programs and will increase an additional connection to our efforts to revive business enterprise development together Ogden Avenue.”