SCHERERVILLE – Regency Centers Corp., a national owner, operator and developer of grocery-anchored and community shopping centers, has begun construction on the first phase of Shops on Main, a 147,851-square-foot community shopping center anchored by Gordmans, Ross Dress for Less, HomeGoods and DSW Designer Shoe Warehouse.
The center is located at the intersection of U.S. 41 and Main Street. The initial phase will cost $50 million, and some anchors are scheduled to open in spring 2014.
The center will be anchored by leading fashion, footwear and home furnishings retailers, including Gordmans (50,079 square feet), Ross Dress for Less (25,069 square feet), HomeGoods (23,969 square feet) and DSW Designer Shoe Warehouse (18,361 square feet). Developed in conjunction with Boyer Properties, the first phase will include two shop buildings and five pads on 28 acres of the 35-acre site.
Regency owns and operates 14 centers, totaling 1.8 million square feet, in the Chicago market.
