Construction is set to begin this month on a long-awaited $30 million development in downtown Naperville.
Main Street Promenade East, a 100,000-square-foot retail and office project, will be located at Main Street and Van Buren Avenue, east of the Main Street Promenade building. Work on the development is scheduled to begin this month, according to the city of Naperville.
Naperville-based developer BBM Inc. took control of the development last year after a previous project by Naper Main LLC fell into foreclosure in 2010, according to city records.
Naper Main LLC originally began construction in 2007 on a mixed-used development along with a 317-space garage addition to the Van Buren garage, which was completed in 2009, according to city records.
The project has been vacant since that time.
During construction, Main Street will be closed through next summer between Benton and Van Buren avenues as the road and sidewalks on both sides of the street will be reconstructed.
Along with other retailers, two national clothing chains will be moving into the developement.
J. Crew and Anthropologie, which is owned by Urban Outfitters, Inc., have both leased space in the development, Crain's reports.
Sources told Crain's that J. Crew Group Inc. has leased about 5,500 square feet and Anthropologie 9,000 square feet of space within the four-story development, according to Crain's.
Crain's also reports that women's clothing store Hot Mama will move from its current location at Main Street Promenade and into the new development.
The project is expected to be completed in the summer of 2014, according to the city.