Industry NewsRentals

Addison & Clark development groundbreaking marks start in Wrigleyville

Developers and local officials gather to break ground on the massive development a decade in the making
  • M&R Development and Bucksbaum Retail Properties broke ground on Addison & Clark across from Wrigley Field.
  • The development will bring 148 luxury apartments to the neighborhood as well as 150,000 square feet of retail space and 405 indoor parking spaces.
  • Mexico-based Cinemex was announced as a tenant on August 4 to offer luxury movie experiences.

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

The team behind the Addison & Clark mixed-use development in Wrigleyville, Mayor Rahm Emanuel and Ald. Tom Tunney (44th), joined in breaking ground earlier this month for a project that has been 10 years in the making. The $140 million project will bring 148 luxury apartments, 150,000 square feet of retail space and a total of 405 parking spaces, with 341 of the spots available for public use via a separate entrance. In exchange for the neighborhood's Starbucks, Goose Island Wrigleyville and Salt & Pepper Diner, among other buildings, the massive development will house a Mexico-based Cinemex theater, among other retailers. On August 4, developers announced the entertainment company would set up shop there, opening its first Chicago movie theater. Not unlike Roosevelt Collection's movie theaters, this one won't be your typical movie-viewing experience. The 10-screen, dine-in theater will partner with Lettuce Entertain You Enterprises for the menu. Residents of...