The Real Deal Chicago

Chicago Cheat Sheet: Shuttered Sam’s Club store now online fulfillment center … & more

Also, Naperville apartment complex is Chicago-area’s latest condo deconversion
By John O’Brien | January 18, 2019 05:00PM

(Credit: Wikipedia)

Shuttered Sam’s Club reborn as online fulfillment center

The Sam’s Club in south suburban Matteson closed last year, but it’s getting new life as an online fulfillment center for the Walmart-owned warehouse chain. The center opened in September, and is one of seven such facilities for Sam’s. The Matteson facility plans to be filling orders seven days a week by the end of February. [Daily Southtown]

Rockwell Partners leading another suburban deconversion

Rockwell Partners is turning a Naperville condo complex back into apartments in the Chicago area’s latest deconversion. The Chicago-based firm acquired the last 43 of the 356 units in the Huntington Condominiums complex at 20 South Naper Boulevard, and is converting the property back into rentals. Rockwell previously led the deconversion of the 1,156-unit Stonegate complex in Glendale Heights. [Crain’s]

Sterling Bay promises library, school or other “shared space” in Lincoln Yards

Andy Gloor, Sterling Bay’s managing principal, said the firm will build a “shared space” like a school or library as part of its massive Lincoln Yards development on the North Side. Gloor made the promise at an event this week to unveil a new West Loop library in a building Sterling Bay donated. [Block Club]

Naperville shifts from commercial to resi units in “second downtown”

Naperville officials are revisiting plans for development around the Naperville Crossings shopping center, an area they had hoped would become a “second downtown” for the village. The village is now shifting its vision for the development from commercial uses to residential projects like townhouses or apartments. The roughly 5-acre site could accommodate up to 58 new units under a recent zoning change. [Daily Herald]

Apartment building offering co-working space to residents and non-residents

The developer of the 57-story Optima Signature apartment tower in Streeterville unveiled a set of fully furnished office suites fore residents and nonresidents. Nonresidents who choose an Optima office over more traditional co-working spaces will have access to the luxury development’s three-floor amenity space, officials for Optima Incorporated said. [Bisnow]

Evanston selling recycling center for climbing gym

Evanston plans to sell the city’s former recycling center to a real estate firm that will rent it to a climbing gym. Officials voted to pursue a deal with Clark Street Real Estate for the building and adjacent parking lot at 2222 Oakton Street. The firm would then lease it to First Ascent, a Chicago-based climbing gym operator. [Evanston News]