November 29, 2016 Target Announces Plan to Open First Oak Park Store
Target plans to open a flexible format store in downtown Oak Park, part of the retailer's push into urban areas with lots of people but not much space.
The chain said it will open the store at the base of Elevate Oak Park, a 271-unit apartment tower being built at the corner of Lake and Maple streets.
Set to open in October 2017, the store will cover 22,000 square feet, much less than the typical suburban Target. The Minneapolis-based retail giant already has opened four such “flexible format” stores in the Chicago area, including one in the former Carson Pirie Scott department store on State Street downtown and another one in a Streeterville loft building.
Target has three more smaller-format stores in the works for 2017, in Oak Park, Skokie and Lakeview.
“Target is focused on adding flexible-format stores in the Chicago area to make it easier for more guests to shop at Target,” Mark Schindele, senior vice president at Target, said in a statement. “We look forward to providing the Oak Park community with a quick-trip shopping experience with product assortments that are unique to Target.”
The Oak Park store will occupy most of the 26,757 square feet of retail space in the 20-story Elevate project, which is being built by Lennar and Clark Street Real Estate.