ChicagoismynewBlog

Huge retail transformation for Presidential Towers in the West Loop!

Posted by ChicagoismynewBlog! on August 20, 2009


Retail leases launch Presidential Towers redevelopment

By Eddie Baeb, Aug. 12, 2009

(Crain’s) — A health club and a trendy breakfast restaurant have signed leases to become the first new retail tenants at Presidential Towers in the West Loop, paving the way for a major redevelopment to take place beginning later this year.

Chicago-based Fitness Formula Ltd. has leased 52,043 square feet that will be spread over two levels along Clinton Street, where a glass-enclosed, three-story atrium will be built to replace a loading dock there now.

The restaurant Yolk has leased 4,200 square feet just south of the new gym that will also front Clinton between Madison and Monroe streets.

A big thanks to ChicagoRealEstateDaily.com for the article.  I am 110% for this project and only wish it could start construction earlier than they’re saying.  Right now, the Presidential Towers retail and parking podium is a huge, blank, brick wall and is basically an indoor mall but now, this will make it so the storefronts are facing the outside…the more modern version of a mall. 

Check out the full article by clicking HERE!

 

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One Response to “Huge retail transformation for Presidential Towers in the West Loop!”

  1. chris said

    This construction is making PT a very inconvenient place to live. The management should focus on making a better residence, and not think of new ways to transform it into a shopping center. I will be moving out this summer.

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