Whole Foods has signed a lease for approximately 30,000 square feet of ground floor retail space at the southwest corner of 51st and Lake Park in Chicago’s Hyde Park neighborhood.
The project, designed by renowned architect Jeanne Gang of Studio Gang Architects, will have both retail and residential components. In addition to the Whole Foods grocery store, the development includes 20,000 square feet of ground floor retail space for small shops or restaurants. Another 30,000 square feet of commercial space will be available on the second floor as well.
“Whole Foods is a perfect fit for this eloquently designed development and will serve as a catalyst in attracting complimentary tenants for the remaining retail portion of the project.” states Doug Renner of Baum Realty Group, in a released statement.
Doug Renner and Steve Schwartz of Baum Realty Group, along with Bill Selonick of Newmark Knight Frank, represented the Landlord, Antheus Capital’s 1525 HP LLC. The Tenant was represented by Scott Stefanik of Midwest Commercial Realty.