Lincolnwood Town Center

Last updated

Lincolnwood Town Center
Main entrance to Lincolnwood Town Center.jpg
Main Entrance
Lincolnwood Town Center
Location Lincolnwood, Illinois, United States
Coordinates 42°00′36″N87°42′50″W / 42.01°N 87.7138°W / 42.01; -87.7138
Opening dateMarch 15, 1990;35 years ago (1990-03-15) [1]
ManagementFriedman Real Estate
No. of stores and services83
No. of anchor tenants 3
Total retail floor area 421,000 square feet (39,112.2 m2)
No. of floors2
Public transit access CTA, Pace
Website lincolnwoodtowncenter.com

Lincolnwood Town Center is a shopping mall located in Lincolnwood, Illinois. Opened in 1990, the mall's anchor stores are Kohl's, TheRoomPlace, and Old Navy. The mall is owned and managed by Friedman Real Estate.

Contents

History

The site of Lincolnwood Town Center was formerly occupied by the headquarters of Bell & Howell. Developers Melvin Simon & Associates (now known as Simon Property Group and Chicago-based Hawthorn Realty first proposed to build a 1.2-million-square-foot (110,000 m2) mall on the site in 1985, but the plan was turned down by city trustees. A second plan, calling for a smaller shopping mall and offices, was approved in 1987. [2]

Upon opening in 1990, the mall featured two anchor stores, both of which were Chicago-based department stores: Madigan's and Carson Pirie Scott (later known as Carson's), with space for up to 90 mall shops within 430,000 square feet (40,000 m2) of total shop space. Representatives of Melvin Simon & Associates noted that the mall's development was indicative of a trend toward building malls within urban settings as opposed to suburbs. [1]

Madigan's closed in 1991 after only a year in business, and was replaced that same year by J. C. Penney. [3] This store was closed in 2001, [4] and in 2002, it was converted to Kohl's. [5]

In 2018, the Carson's store was shuttered following the bankruptcy of parent company The Bon-Ton. Following this announcement, an article published by RE Journal analyzed several Chicago-area malls which were all about to lose a Carson's store, and noted that Lincolnwood Town Center posed a risk of tenancy loss given its smaller size compared to other area malls. [6]

TheRoomPlace opened in the former Carson's spot in August 2019. [7]

Anchors

Current

Former

Bus routes

CTA

Pace

References

  1. 1 2 "NEW LINCOLNWOOD MALL REFLECTS URBAN TREND". Chicago Tribune. Retrieved January 7, 2019.
  2. "LINCOLNWOOD OKS PLAN FOR SHOPPING MALL". Chicago Tribune. Retrieved January 7, 2019.
  3. "PENNEYS TO REPLACE MADIGANS AT LINCOLNWOOD". Chicago Tribune. Retrieved January 7, 2019.
  4. "Rare openings in Lincolnwood retail market". Chicago Business Journal. Retrieved January 7, 2019.
  5. "Malls, downtowns peacefully coexist". Chicago Tribune. Retrieved January 7, 2019.
  6. "Anchors away: Are these malls in danger?". RE Journal. June 5, 2018. Retrieved January 7, 2019.
  7. "The RoomPlace Opens Two-Story, 84,000 SF Location at Lincolnwood Town Center".
  8. "82 Kimball-Homan (Bus Route Info)".
  9. "96 Lunt (Bus Route Info)".
  10. "210 - Lincoln Avenue | Pace Suburban Bus".
  11. "Pace Bus - Route 290".