‘Mixed-use’ retail project gives traditional mall a run for its money
By Melissa Borgerding
THE ERICKSON TRIBUNE
The days of the sprawling shopping mall may be numbered. A research survey conducted by National Real Estate Investor and Retail Traffic magazines shows the traditional mall rapidly losing ground as a new trend sweeps the retail landscape.
Combining retail, entertainment, and office space in an attractive, pedestrianfriendly setting, “mixed-use” developments create the feel of an open-air town square, and provide an eye-pleasing alternative to the boxy, enclosed mall of years past.
Now, this new trend is hitting Naperville. With the arrival of the CityGate Centre, Illinois’ third largest city is on the verge of becoming the number one shopping and dining destination outside of Chicago.
Coming soon
“CityGate Centre is going to be an oasis where you will experience the best of the city in the suburbs,” said Dan Slack, president of Calamos Real Estate LLC, during a presentation at Monarch Landing. Calamos is developing the exciting project. “This is an enclave to work, shop, relax, and play.”
Construction is steaming ahead. Already, Riva restaurant of Chicago’s Navy Pier is open for lunch and dinner. Specializing in seafood, steaks, and pasta, the restaurant is just a taste of what’s to come. When complete, CityGate Centre will encompass 31 acres, with 150,000 square feet of additional dining and retail, not to mention walking and running trails, a hotel, and a performing arts center, expected to seat between 350 and 500.
The center of culture
This new development between I-88 and Route 59 puts Monarch Landing at the center of Naperville’s cultural hub.