The Corners, a large retail development planned for the Town of Brookfield that ran into delays, is now proceeding toward a spring construction start, the developers announced late Wednesday night.

The Corners, which will be anchored by a 140,000-square-foot Von Maur department store, is expected to open in fall 2016, acccording to Milwaukee-based Marcus Corp., Chicago-based Bradford Real Estate and IM Properties Plc, based in the United Kingdom.

IM Properties and Bradford are part of a newly announced joint venture with Marcus on The Corners. Marcus started the project, and will retain a minority interest in Brookfield Corners LLC, the group that will own and operate the development.

The next step will be to begin demolition of a former Menards store at the project site. That work is expected to begin next week, said Megan Hakes, a spokeswoman for the developers.

The announcement came after the Brookfield Town Board voted 4-1 to approve a development agreement with Brookfield Corners LLC. That comes one year after the board approved a plan to help finance the project.

Link:
Von Maur-anchored development to begin construction in spring

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February 19, 2015 at 1:49 am by Mr HomeBuilder
Category: Retail Space Construction