East 39th Street Commercial Corridor Plan by Chris Devins

chrisdevins

Street Commercial Corridor Plan is a comprehensive commercial real estate development plan that envisions the future of the East 39th Street Commercial
Corridor and the surrounding 2 mile trade area in Chicago, based on current demographic, real estate market, zoning, land use, political and commercial business data. For more visit Chris Devins Creative on the web. https;//chrisdevinscreative.com

COMPETITION WITHIN PRIMARY MARKET AREA

As stated above, 39th Street faces competition from 35th and 43rd, which both have more highly developed retail corridors. At

the Lake Meadows shopping mall, to the east of 3500 South King Drive at Lake Meadows Shopping Mall, there is 500,000 sq feet

of space housing a Jewel Foods, a Walgreen’s and a Dunkin’ Donuts, among other businesses.

1. From 3500 S King Drive and west to State Street, a span of four city blocks, nine restaurants, a liquor store, Chase Bank, a hardware

store, two shoe stores, two cell phone stores, and two services.

• Wood’s Food and Liquor

• Chase Bank

• Ace Hardware (the former Sunset

Café, where Louis Armstrong

used to play)

• 213 Wireless

• US Cellular

• Jackson Hewitt Tax Services

• Mena Nail Salon

• Payless Shoes

• Just Fit Shoes

• Popeye’s Chicken

• Kentucky Fried Chicken

• Downtown Sub

• Quiznos

• Church’s Chicken

• McDonald’s

• Jimmy John’s

• Starbuck’s

• Hong Kong Delight

This is significant competition from only a half mile to the north

or south, however the retail and restaurants at both 35th and

43rd are still a half-mile away. By offering retail and services

close to the developments at State Street and at King Drive

39th could possibly carve an identity out for itself as a neighborhood

shopping/eating cluster that would serve the area’s

residents and draw traffic from 90/94. This approach was successful

in the corridor’s past. Before the destruction of 3500

housing units and the resulting population loss, East 39th Street

served as a neighborhood shopping center for the area’s local

residents.

Figure 6 3500 S. King Drive Looking West Source: Google Maps

2. Forty-third and King Drive and west to State Street is not

as well developed as 35th street, but still has a bar and grill, a

grocery store, three fast food restaurants, and a used furniture

store.

• Saveway Food

• JJ Fish and Chicken

• Pizza Ria

• Alice’s Barbecue

• Lady D’s Used Furniture

• 4310 Bar & Grill

15