CHICAGO — After years of speculation about what grocery store would occupy the former Megamall in Logan Square, a real estate broker has confirmed that a Jewel-Osco store will anchor the massive Logan's Crossing development.
In a brochure promoting the $100 million development, real estate broker Sierra U.S. announced that Jewel-Osco and XSport Fitness are set to open in the former mall at 2500 N. Milwaukee Ave.
The promotional materials also highlight the massive housing boom happening in Logan Square, where more than 1,000 luxury housing units and mid-rise buildings are popping up and rapidly changing the neighborhood's demographics.
Curbed Chicago first spotted the Sierra U.S. documents and Terraco, the developer behind the project, declined to comment on future tenants.
As brokers shop for tenants to occupy office space and first-floor storefronts, demolition of the former Megamall continues to hit snags. Last week, crews were seen carefully dismantling the building's terra cotta at the request of Logan Square Preservation. The neighborhood group hopes to reuse one of the building's 16-foot terra cotta archways somewhere in the neighborhood and plans to salvage the rest.
Kevin Gazley, senior vice president at Terraco, said his team pushed back the demolition of the Megamall to do the preservation work. Now his team is aiming to begin either Dec. 27 or Jan. 3.
The $100 million development, dubbed Logan's Crossing, was first proposed about 1½ years ago and has undergone a few changes during the community review process. It will include two buildings connected by a sky bridge on a 2.7-acre lot.
In addition to the apartments, plans include more than 113,000 square feet of retail space, including a 42,000-square-foot grocery store and 40,000-square-foot fitness center, now confirmed to be Jewel-Osco and XSport.
The first tenants will move in 1½ years after the start of construction.
In its heyday, the Megamall was the home of an assortment of restaurants and shops selling clothing, cellphones, gym shoes and all manner of tchotchkes. But many say it had been in poor condition and in constant need of repair virtually since it since opened in 1995.
Check out the full brochure here: