A 48K SF Grocery Store Is Coming To Woodlawn

A rendering of a Jewel-Osco to be built at 61st Street and Cottage Grove Ave. in Woodlawn.
Photo credit: Courtesy of the Preservation of Affordable Housing
A Rendering Of A Jewel-Osco To Be Built At 61St Street And Cottage Grove Avenue In Woodlawn.

Woodlawn, which has already seen $400M in private investment and infrastructure improvements as the result of a $30.5M HUD choice neighborhood grant, will soon be home to a 48K SF Jewel-Osco grocery store.

Mayor Rahm Emanuel made the announcement late yesterday. The store will include a drive-thru pharmacy and is expected to bring 200 permanent jobs to the neighborhood.

The Preservation of Affordable Housing is selling the last remaining parcel in that development at 61st Street and Cottage Grove Avenue to a JV of Terraco Real Estate Development & Management and DL3, which will build the supermarket. The nonprofit has been redeveloping the former Groce Parc Plaza public housing site into modern, affordable housing in Woodlawn.

POAH vice president Bill Eager told Bisnow last month that POAH was in talks with grocers to locate to Woodlawn, which was designated as a food desert in a landmark study by researcher Mari Gallagher. The site of the future grocery store is two blocks from the Cottage Grove Green Line station, making it ideally suited for customers who lack cars.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Ken Griffin Strikes $86M Palm Beach Real Estate Deal With Blackstone

Fabletics To Add 25 New U.S. Storefronts

Flex Retail Is 'Hottest Asset' In Triangle Region, Developers Say

Illinois' Record Storm Season May Be Changing The Risk Equation For CRE

Simon Property Group To More Than Double $18M In Lost Saks Global Rents With New Leases

Venture One Real Estate Lands 132K SF Portfolio: The Chicago Deal Sheet

Related Midwest Is Betting Big On Chicago While Others Hold Back

Bally's Pauses Construction On Portion Of Casino Project Amid City Squabble

Wendy's Plots More Closures Amid U.S. Sales Slump

Ramrock Real Estate To Redevelop Fort Worth's Ridgmar Mall Into Logistics Campus

Compass Coffee Says It Lacks Cash For Bankruptcy Plan, Seeks To Toss Case

Faneuil Hall Owner J. Safra Group Sues Tenants, Alleging $2M In Unpaid Rent