Target Aims for State Street

The retail giant will move in to the old Carson building

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    NEWSLETTERS

    Big box retailer taking over 125,00 square foot space vacated by Carson Pirie Scott in 2007.

    Ready to "Expect More, Pay Less" on State Street? Mayor Richard Daley is.

    The outgoing mayor validated rumors Tuesday that Target will lease two floors of the building vacated by Carson Pirie Scott & Co. in 2007.

    The discount chain, which has been eying the historic Loop space for more than a year, likely will open at State and Madison streets in 2012.

    Target refers to the 125,000 square foot store as a CityTarget, similar to urban locations currently in New York City and scheduled to open in Seattle and Los Angeles.

    Chicago Loop Alliance executive director Ty Tabing told Crain's last month the downtown Target would be a "welcome addition," especially because of the included grocery store.

    Target is the latest big-box retailer to secure space in a busy Chicago neighborhood. Earlier this year, real estate sources told the Chicago Sun-Times that talks for a Lakeview Wal-Mart were in the final stages.

    Macy's Honors Eunice Johnson

    [CHI] Macy's Honors Eunice Johnson
    Macy's department stores and Johnson Publishing Company are partnering to present a beauty, fashion and lifestyle tribute to the life of legendary style maven, Eunice Johnson. The Johnson retrospective is at Macy's State Street Feb. 2 through Feb. 7.

    Wal-Mart wants to move a Neighborhood Market version of the store into 30,000 to 60,000 square feet at 2840 N. Broadway.