The Promenade Bolingbrook

The Promenade Bolingbrook, also known as The Promenade, is a 750,000-square-foot (70,000 m2) open-air shopping center in Bolingbrook, Illinois, a southwest suburb of Chicago. It opened on April 26, 2007, at the intersection of Boughton Road and Interstate 355. Anchor tenants include Bass Pro Shops, Macy's, iPic Theaters, Binny's Beverage Depot, Barnes & Noble and DSW. It is owned by Starwood Retail Partners and managed by Starwood Capital Group. Macy's was originally planned to be a Marshall Field's while Binny's was a Circuit City which closed in 2009.

The Promenade Bolingbrook received LEED certification from the U.S. Green Building Council.[1]

Expansion

Forest City is developing twenty-one acres adjacent to The Promenade Bolingbrook into a mixed-use residential/office development. The development will include at least 160 apartments for low-income residents aged 55 or older. The office space, which is planned to include at least three buildings and will take up 2/3 of the site, is being developed build-to-suit. While construction on the first 80 units of the residential portion is scheduled for late 2009, the office development may take several years to begin, once market conditions rebound. [2]

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References
  1. Business Wire, March 3, 2008. Accessed from Findarticles.com , June 21, 2009.
  2. Chicago Real Estate Daily, 2/11/2009 accessed via , June 21, 2009.

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