Chicago's Clybourn Corridor just keeps getting bigger

  • Clybourn Corridor is growing.
  • Now at 2.6 million square feet, it's closing in on the Magnificent Mile.
  • Spread of this and other shopping areas portends a positive 2016.

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The Clybourn Corridor is it’s own kind of magnificent on the Near North Side. But an interesting thing has happened since Clybourn added another 400,000 square feet of retail space in 2015– the retail vacancy rate jumped, but net asking rents jumped.