Seritage Growth Properties, the holding company for Sears properties, and Tucker Development, have released a rendering of the proposed mixed-use building planned for the shuttered Sears department store at Harlem and North avenues.
Highland Park-based development firm Tucker announced that it is redeveloping two Sears locations – the one at Harlem and North and another at 4730 W. Irving Park Rd.
The company noted that it will first begin work at 1601 N. Harlem location.
Tucker executives declined to comment on the proposal.
Tucker stated in the press release that both projects will include retail and residential components.
“We are thrilled to partner with Seritage on these two dynamic projects that will transform these properties into vibrant retail and residential destinations,” Aaron Tucker, chief investment officer of Tucker Development, said in the press release.
Jeff Martin, vice president of development at Seritage, said in the press release that the local development firm’s expertise and knowledge “will play an integral role in helping to bring our collective vision for both sites to fruition.”
“As we advance our plans, we look forward to working in close collaboration with the city and local stakeholders to deliver two exceptional projects,” Martin said.
Tucker executives introduced the proposal at a community meeting on April 18, noting that the residential component would include “loft-style apartments.”
They told neighbors then that the redevelopment also would include redevelopment of the Sears Auto Center at 1630 N. Harlem Ave. and possible construction of town houses along Wabansia Avenue to the north.
CONTACT: tim@oakpark.com
