A Chicago developer will be helping to rehabilitate the shopping center known as Oak Park Plaza. This shopping center has been aging for a while and is in need of renovation. With $2.1 million the city of Blaine will help out with the project.
The plaza was originally developed in the 1960s on the corner of 109th and University avenues. It started as a home to a grocery store, a barber, beauty salon, dry cleaners, a pharmacy, a Salvation Army thrift store and a few restaurants. Today, there is an ACE Hardware and Star Liquor are the only stores left.
The plans show that Tri-Land Properties will demolish a section of the strip mall to make room for a new 45,000 square foot space. This space will be used for a Cub Foods. The remaining 61,000 square feet will get a full face-lift. There will be interior remodeling and a new parking lot surface added, as well.
Tri-Land will be investing $12 million into the project. Along with this $12 million, the city of Blaine will add another $2.1 million to the total. Groundbreaking is expected to happen later this year.
The city is helping with this project in order to help build the economy in Blaine. Brining in Cub Foods will help with jobs and will provide another place for residents to shop.
Oak Park Plaza is actually the oldest shopping center found in the Blaine area and was created when the city was actually still a village. The property was purchased by Tri-Land about ten years ago. However, at the time, the deal in place for Rainbow Foods to move in fell through. The company couldn’t find a grocery store tenant, back then.
Now, they have a tenant and the entire shopping center will soon look newer.
Kris Lindahl Real Estate