LAKEVIEW — The Belmont/Ashland/Lincoln corner may soon be home to Target.
After months of speculation, the Minneapolis-based company has confirmed that they've closed a deal on a building at 3201 N. Ashland Ave., a location previously slated to be a condo building with 130 units.
No details were available on a planned opening date, according to Target spokeswoman Erika Winkels, but another company spokeswoman said previously the company does not typically announce store openings more than a year in advance.
The company is also opening another store in Old Town, with a planned opening for October of this year.
"Chicago is a great market for Target and we continue to pursue new opportunities to serve guests there," Winkels said in a statement.
Before the store can open, Target must present its proposal to West Lakeview Neighbors, the Lakeview Chamber of Commerce and the Community Directed Development Council, according to Bennett Lawson, chief of staff for Ald. Tom Tunney (44th).
The proposal will likely need approval from the Chicago Plan Commission and the City Council Zoning Committee to amend the original plans for the building, Lawson said.
"We hope to have something to review with the community before the spring," he said.