Apple in Talks to Open Store in South Loop

Alderman Robert Fioretti, CEO of McCaffery Interests Inc. both confirm deal in the works

A third Apple Store may be opening within Chicago's city limits.

Alderman Robert Fioretti (2nd) excitedly announced that the South Loop will be home to a new Apple Store Wednesday to Crain's Chicago Business.

The store could be opening at the Roosevelt Collection, which is the area at Wells Street and Roosevelt Road that houses the ShowPlace ICON movie theater, Fioretti said.

Despite Fioretti's remarks that the Apple Store could be moving in before the end of the year, Daniel McCaffery, CEO and chairman of McCaffery Interests Inc., the owner of the Roosevelt Collection, is more reticent to announce the date of the grand opening, according to Crain's.

"We share the alderman's enthusiasm and hope that one day we can share the announcement," McCaffery told Crain's.

McCaffery noted that he is in talks with the store regarding a location at Roosevelt Collection, but that nothing has been confirmed, and that the uber-in-demand Apple Store may not be as easy to lure to the South Loop as Fioretti is saying.

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