Tuesday, February 7, 2017

Target moving into Whole Foods Lakeview location Fall 2017

Crain's Chicago Business has reported that Target will be moving into Whole Foods current space at 3300 N. Ashland this upcoming fall. From the rendering, it looks like CVS Pharmacy could be joining as well. As you know, Whole Foods is moving a block south on March 22.

From Crain's:
"The Minneapolis-based retailer today said it plans to open a 31,000-square-foot store at 3300 N. Ashland Ave. in the North Side neighborhood.
Previously, Target had planned a larger store a block away at 3201 N. Ashland, before pulling the plug on those plans and deciding to sell the site to Chicago-based Novak Construction in 2014. Novak then signed a lease with Whole Foods to move to a new, 66,000-square-foot store at 3201 N. Ashland.
Whole Foods' new building is at the intersection of Ashland, Lincoln and Belmont avenues.
The grocer is set to move there in March, and Target said it plans to move into the 3300 N. Ashland space this October.
The switch of sites reflects a change in thinking by grocery stores, many of which are adding larger flagship locations in the city, and retailers such as Target that are adding smaller urban stores to cater to heavily populated neighborhoods.
It will be Target's eighth smaller store, which it calls flexible-format stores, in the Chicago area. Also in 2017, Target plans to open another Lakeview location, at 3200 N. Clark St., and in Skokie and Oak Park. Target also plans a Rogers Park opening in 2018.
Nationally, Target has 32 flexible-format stores open now and has announced 33 more for openings in 2017, 2018 and 2019.
The store at 3300 N. Ashland will include items such as men's and women's apparel, health and beauty products, home décor and a pharmacy, according to Target."

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