Banana Republic Will Open in Lincoln Park

CHICAGO, IL - Banana Republic has plans to open a store in Lincoln Park.

The national clothing giant has leased a 6,078 square foot space at 2720 N. Clark St., just north of where a Target store is being constructed, according to Crain’s Chicago.

Developer Centrum Partners will begin constructing the building that will include Banana Republic in a few weeks, and the store is expected to open either later this year or in 2017.

“Banana Republic fills some need for soft goods in this area,” said John McLinden, a Centrum managing partner. “Retailers aren't doing a lot of stores these days. A lot of them are being really selective. If you get a quality retailer, it's a real plum for a neighborhood. Good retailers attract other retailers.”

This will be Chicago’s fire neighborhood Banana Republic store. The others are on Michigan Ave., the Clybourn Corridor and in the South Loop.

More via Crain’s Chicago