Business & Tech
Romeoville Shopping Center in the Dark About Plans for Defunct Dominick's Store
Dominick's parent company Safeway still controls the site, preventing the owner from finding a new tenant.
The Romeoville Dominick's store has been closed since late December, and the owner of the shopping center that housed it says he doesn't know what the future holds for the site.
The store formerly served as the anchor of the Romeoville Towne Center shopping center on Weber Road, but closed last winter as Dominick's parent company, Safeway Inc., decided to leave the Chicago market.
According to Crain's Chicago Business, Safeway continues to pay the rent on the more than 65,000-square-foot space — but the company hasn't shared its plans for the site with shopping center owner Shiner Group LTD, CEO William Shiner said.
A $19.4 million loan on the Romeoville Towne Center has been transferred to a special servicer, according to a Bloomberg report, and Shiner is current on the loan.
“We have every intention of re-leasing and re-tenanting,” Shiner told Crain's. “Our issue is that Safeway controls the space. We know they're working on it, but they won't share that information.”
While Safeway has sold most of its 72 Dominick's stores to other chains, including Mariano's, it hasn't shared its plans for the Romeoville site.
Click here to read the full Crain's report.
Mariano's Fresh Market has purchased 11 former Dominick's stores, including locations in Shorewood and Aurora.
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