Cicero trustees have approved plans for a Wal-Mart store and a Lowe’s Home Improvement store to be built near 31st Street and Cicero Avenue, at the site of a former drive-in movie theater, the Bel-Air, said a spokesman for the developer, Monroe Investment Partners of Chicago. Prior to the Bel-Air drive-in, the property was used as a landfill and a quarry. The 217,000-square-foot Wal-Mart and the 150,000-square-foot Lowe’s stores are expected to open at the end of 2007 or in early 2008. The site will be difficult to develop because a berm circling the drive-in, standing as high as 70 feet in some places, must be taken down, the developer’s spokesman said. The property is about two blocks from the old Sportsman’s Park racetrack, an 80-acre site the town wants to develop into a lifestyle shopping center.
Quote from The Chicago Sun-Times
Business briefs
December 15, 2006
Retail planned for Cicero site
Cicero trustees have approved plans for a Wal-Mart store and a Lowe’s Home Improvement store to be built near 31st Street and Cicero Avenue, at the site of a former drive-in movie theater, the Bel-Air, said a spokesman for the developer, Monroe Investment Partners of Chicago. Prior to the Bel-Air drive-in, the property was used as a landfill and a quarry. The 217,000-square-foot Wal-Mart and the 150,000-square-foot Lowe’s stores are expected to open at the end of 2007 or in early 2008. The site will be difficult to develop because a berm circling the drive-in, standing as high as 70 feet in some places, must be taken down, the developer’s spokesman said. The property is about two blocks from the old Sportsman’s Park racetrack, an 80-acre site the town wants to develop into a lifestyle shopping center.
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