ChicagoDowntown / Loop

1225 Old Town lands a plum retail tenant

by Joe Zekas on 5/29/12

Residents of 1225 Old Town, the new apartment tower about to open at 1225 N Wells St, could look forward to a feast of nearby grocery shopping options: a Jewel, a Dominick’s, two Potash Markets, two Treasure Islands, two Whole Foods and a Trader Joe’s – for starters.

All of those grocers may have a tough time attracting business from 1225 residents who will have a new Plum Market on-site. Crain’s recently reported that Plum Market will be leasing 28,000 of the approximately 30,000 square feet of retail space in the development. This will be Plum Market’s first foray outside of its Michigan base.

The exterior of 1225 Old Town was nearing completion last Monday when I shot the above photo. The leasing office is open across the street at 1212 N Wells.

NOTE: 1225 Old Town is the sponsor of our Old Town apartment rental guide.

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{ 2 comments… read them below or add one }

Simon May 29, 2012 at 12:34 PM

Any idea how their leasing is going? This is the first building to open in the 24 month rental supply boom we are about to have. This building (new construction) and Lexington park (new construction/delayed conversion).

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Joe Zekas May 29, 2012 at 1:15 PM

Simon,

The leasing office just opened two weeks ago, so it’s a little premature to get a fix on this.

We also had Randolph Tower, 188 W Randolph, and SoNo East opening recently.

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