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Giant expansion for Old Orchard; Size would rival Woodfield as new vision for regional malls takes shape.

Publication: Crain's Chicago Business
Publication Date: 06-JUN-05 		Format: Online - approximately 890 words
Delivery: Immediate Online Access
Full Article Title: Giant expansion for Old Orchard; Size would rival Woodfield as new vision for regional malls takes shape.(News)

Article Excerpt
Byline: SANDRA JONES

The owner of Old Orchard shopping center has drawn up plans to bulldoze the Saks Fifth Avenue and Lord & Taylor spaces there to make way for a Main Street-style shopping promenade-an estimated $100-million expansion that would put the Skokie mall on par with the region's largest, Woodfield Shopping Center in Schaumburg.

Owner Westfield Group's proposed site development plan, obtained by Crain's and dated May 20, calls for building 53 new specialty stores and restaurants totaling 650,000 square feet. The plan calls for a string of 24 stores backing up to Skokie Boulevard with trees, walkways and small courtyards modeled after the so-called lifestyle centers that have been drawing shoppers from traditional malls.

That strip would replace parking on the east side of the mall, the most traffic-congested. The...

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