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Wheeling Town Center announces two retail leases

March 1, 2018
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Starbucks and Inland Bank are the two latest commercial anchors to sign a lease at the Wheeling Town Center, now under development in the Chicago suburb. The two additions complement the other anchors of the mixed-use complex that will open later this year.

“It is exciting to partner with Starbucks and Inland Bank as we create a downtown for Wheeling that will be a destination for surrounding neighbors and surrounding suburban visitors alike,” said Joshua Goldstein, president of The Lynmark Group, Wheeling Town Center’s developer. “This historically underutilized part of Wheeling will be completely transformed by these tenants and the comprehensive community-focused space to come.”

Wheeling Town Center’s new tenants will play an important role in the Village’s economic growth and vitality. A pedestrian-friendly plaza will serve as a central gathering spot for the community, ringed my retail, enternatinment and luxury apartments.

“The growing collection of entertainment, restaurant and specialty retail space in Wheeling’s new downtown will be a tremendous asset to the village for years to come,” said John Melaniphy, Wheeling’s director of economic development.

The Starbucks, which is scheduled to open later this year, will feature a drive-through and outdoor patio seating on a 2,100-square-foot plot, surrounded by rich landscaping and bike racks. The 2,000-square-foot Inland Bank will also have a drive-through and open in late 2018, adding to the 10 other Chicagoland locations of the Oak Brook-based bank.

The bank and the coffee chain join CMX Cinemas as well as City Works Eatery and Pour House as the first commercial tenants at Wheeling Town Center, which contains over 100,000 square feet of commercial space across a 16-acre site. Adjacent to the Wheeling Metra Station, the space will also contain 300 luxury apartments with high-end amenities and open green space.

“The Wheeling Town Center is well on its way to becoming the center of it all, and these new tenants support the mix of commercial space that will best serve the Town Center’s residents and visitors,” said James Schutter from Newmark, Knight, Frank, the development’s exclusive commercial broker. “We are eager to have Starbucks and Inland Bank join this developing and unique community space, and we look forward to announcing additional tenants in the months to come.”

Tags
Illinoisinland banklynmark groupNewmark Knight FrankStarbucksWheelingwheeling town center
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