Oct 09

Updated Oct 10

Dominicks

So I just read the city will be buying the dominicks mall? How will this effect the chances of getting a grocer back? Am I hearing this right? Any concise info would be great, since my pc is ill.

  • Keith H. South Shore resident

    Here's an article on the city considering eminent domain:http://www.chicagotribune.com/business/breaking/chi-dominicks-south-shore-city-20141007-story.html

    - The owner of the property is based in California and isn't as sensitive to the needs of the community that a local owner would be.

    - The owner has no incentive to quickly replace Dominick's or quickly invest the reported...

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    Here's an article on the city considering eminent domain:http://www.chicagotribune.com/business/breaking/chi-dominicks-south-shore-city-20141007-story.html

    - The owner of the property is based in California and isn't as sensitive to the needs of the community that a local owner would be.

    - The owner has no incentive to quickly replace Dominick's or quickly invest the reported $6 million needed in improvements since the Dominick's lease runs through May of 2015. They're basically collecting 18 months of inflated on a closed store with no maintenance required.

    - To lease the space to another tenant would require improvements and rent concessions as it has been reported that what they're asking, and what Dominick's has been paying, is above fair market value.

    - When the news initially broke that Dominick's would continue to pay their rent through May 2015, I knew that the owner wouldn't have a sense of urgency in working to find a new grocer.

Sep 09

Jet liner circles South Shore?

Did anyone else notice a passenger airliner fly about 6 - 10 times over South Shore area around 8pm tonight?

Aug 18

Updated Aug 27

Mariano’s CEO tours South Shore

Mariano’s CEO tours South Shore sites with local alderman -via Chicago Sun Times
http://bit.ly/1w2cCcn

  • diana years in the neighbor

    I do hope that they are really and truly interested in the old Dominick's location and that Hairston really know how to throw a good pitch for the area.

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