ULI Chicago News

Hanover Park Working to Right-Size Retail

January 10, 2014 – Daily Herald – How Hanover Park plans to revive Barrington Road shopping center

More than two years after buying an aging strip mall for $2.8 million, Hanover Park officials are ramping up their efforts to turn the property over to the private sector.

Trustees on Thursday directed village planners to seek developers’ formal proposals to revive the Hanover Square Shopping Center on Barrington Road. The goal is to sell the mall to a developer whose vision ties in with Hanover Park’s long-term plans for a nearby Village Center — an ambitious hub of retailers, restaurants and housing.  Read Full Article

ULI Chicago conducted a technical assistance panel in August 2012 addressing retail issues in Hanover Park.
Review the Irving Park Road Corridor TAP Report
See additional coverage on the Irving Park Road Corridor TAP

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