Oswego Officials Meeting To Discuss Suburban Dominick's Vacancies
Nov 04, 2016 07:30AM ● Published by Steven Jack
Communities originally partnered in 2014 to collaboratively market and solicit tenants for the vacancies. With an initial goal of reaching beyond the Chicago market, the communities developed the “One Call, 10 Stores, a Million Customers” campaign, which has since grown to include over 20 communities.
"It is unacceptable for these large retail spaces in our communities to remain intentionally dark for an unlimited amount of time," said Village President Gail Johnson. "t It is unfair to residents, neighboring businesses, and the community. I am optimistic that our collective effort will yield positive results for our communities and for Albertson's."
Oswego Village Administrator Dan Di Santo said in September that Oswego's former Dominick's location possibly could sit empty for another 10 years as parent company Jewel/Albertson's sits on the empty store leases to stifle competition for local Jewel stores.
"(Oswego's) lease expires in 2021, so that's at least a small window of how long that it could go, but what's even more frightening than that is that there are options for a five-year extension on some of these leases, including in Oswego," Di Santo has said.
The Oswego Dominick's store closed in 2013 along with 72 other Chicago area locations. Reports surfaced last year that a "qualified prospect" was eyeing the former Dominick's location; however, no new developments have been announced in recent months.