The Chicago Tribune reports that Park Bank Initiatives, the U.S. Bank-backed developer behind the 180-acre mixed-use project, goes before the city’s Zoning Committee Wednesday hoping to clear the way for a Wal-Mart Supercenter to anchor the 45-acre shopping center at the heart of the project’s first phase. Pullman Park is expected to take a decade to complete, and is planned to include homes, restaurants, parks and a recreation center.
Jesse McKnight wrote in The Saint Report in March 2009 about Wal-Mart efforts to gain approval for new store locations in areas of the country that have in years past been off limits, including Chicago. This effort appears to be concentrated on new urban areas, where the effects of new jobs and greater tax revenue could make permitting more obtainable.
Jesse McKnight is Executive Vice President of The Saint Consulting Group, email email@example.com, phone 510 770 1511