Tuesday, February 10, 2009

Quickie: Chicago Lodge Could be Razed

Crain's Chicago Business reports that the Chicago Lodge has been bought.  The motel on Foster Avenue near the lakefront is considered an eyesore by some.  The buyer is none other than the Dominick's grocery store next door.

So, does this mean redevelopment?  Perhaps more retail opportunities?  Crain's thinks the motel is going to be replaced by a new upscale Dominick's.  Considering the way the economy is these days, I wouldn't be surprised if it didn't just end up a parking lot expansion.

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