Chick-Fil-A, Panera coming to former Vienna Beef factory site in Bucktown

The sausage maker applied for permits for the first of two planned retail buildings at 1942 West Fullerton Avenue

Chicago /
Jun.June 19, 2019 03:00 PM
Vienna Beef CEO Jim Bodman and the Vienna Beef Factory Store and Cafe (Credit: Google Maps)

Vienna Beef CEO Jim Bodman and the Vienna Beef Factory Store and Cafe (Credit: Google Maps)

Vienna Beef is moving forward with plans to build a Chick-Fil-A and Panera Bread at the site of its shuttered Bucktown hot dog factory.

Mid-America Asset Management, which Vienna hired to oversee the redevelopment of its nearly 9-acre riverfront property, applied for permits this month to begin construction on one of two buildings planned for 1942 West Fullerton Avenue, city records show.

The permits represent the latest step in a sweeping plan that Vienna put into motion in 2013, when it bought a vacant factory in Bridgeport and later moved its manufacturing operation to the South Side plant.

In 2015, at the height of a yearslong city effort to untangle the six-way intersection of Fullerton, Elston and Damen avenues, Vienna unveiled plans to erect a pair of retail buildings on a curved 2.5-acre island of property surrounded by the reconfigured roads.

One of the buildings will be fully leased by a Chick-Fil-A restaurant, and Panera will take about 6,000 square feet — roughly half the space — in an adjacent building.

Brokers are talking to “a number of inline (smaller) retail tenants” to take over the rest of the building, said Mike George, president of Mid-America Real Estate, which is overseeing leasing for the property.

Mid-America is scouting users for the larger, 6-acre parcel north of Elston Avenue that includes the vacant factory. Brokers are looking for a master-tenant who would demolish the factory building and “lease the land on a long-term basis,” George said.

He called the property a “great retail site” because of its access to the three major roads and its proximity to the 211,000-square-foot Riverpoint Center shopping strip just across the river. Mid-America originally pitched a grocer as a potential tenant.

Vienna and Mid-America aim to break ground on the new restaurants within the next few months, and construction is expected to take about a year, George said.

The Vienna Beef Factory Store and Cafe remains open at 2501 North Damen Avenue.

The property became tangled in an ethics snafu surrounding embattled Alderman Ed Burke (14th) starting in 2013, when Burke led the City Council in approving nearly $5 million in tax benefits for the sausage maker’s Bridgeport facility, according to the Chicago Sun-Times.

After the vote, the sausage maker hired Burke’s property tax law firm, Klafter & Burke, to appeal the factory’s property tax assessments. Burke’s private business scored more than $300,000 in tax savings for Vienna, the Sun-Times reported.

Last year, Vienna padded its property with a roughly 7,400-square-foot slice of land at 1880 West Fullerton, which it acquired from the city for $765,000. The city had picked up the land as part of the streetscape overhaul, which was completed in 2017.


Related Articles

arrow_forward_ios
1622 N Wolcott Avenue and Chicago Title Land Trust's John Wunderlich (Redfin, LinkedIn)
Bucktown mansion in Chicago sells for record $3.73M
Bucktown mansion in Chicago sells for record $3.73M
717 N Michigan and Acadia’s Christopher Conlon (Acadia, LinkedIn via Conlon)
Disney Store departs Mag Mile, leaving Acadia’s prime retail corner vacant
Disney Store departs Mag Mile, leaving Acadia’s prime retail corner vacant
Kite Realty CEO John Kite and RPAI CEO Steven Grimes (Getty, Kite, RPAI)
Kite Realty to acquire Retail Properties of America for nearly $3B
Kite Realty to acquire Retail Properties of America for nearly $3B
Abt Electronics co-presidents Mike and Jon Abt and a rendering of the Abt Electronics warehouse in Glenview (Abt, McShane Construction) 
Abt Electronics expands warehouse to 800K sf
Abt Electronics expands warehouse to 800K sf
Albert Friedman and the Medinah Temple (Friedman Properties)
New River North retail venue and food hall won’t be a flash in pan
New River North retail venue and food hall won’t be a flash in pan
Northbrook Court mall (Brookfield, iStock)
Lender eyes sale of Brookfield’s Northbrook Court mall
Lender eyes sale of Brookfield’s Northbrook Court mall
Roger Romanelli and Mayor Lori Lightfoot (Fulton Market Association, Getty, iStock)
Restaurant coalition to Lightfoot: Reopen indoor dining
Restaurant coalition to Lightfoot: Reopen indoor dining
Fritz Kaegi
Higher tax bills cometh for commercial landlords in south, west suburbs
Higher tax bills cometh for commercial landlords in south, west suburbs
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...