{"id":1004241143,"date":"2018-07-10T04:23:47","date_gmt":"2018-07-10T12:23:47","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004241143"},"modified":"2022-12-08T11:32:19","modified_gmt":"2022-12-08T19:32:19","slug":"benderson-development-pays-17m-for-chicago-costco","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/benderson-development-pays-17m-for-chicago-costco\/","title":{"rendered":"Benderson Development Pays $17M for Chicago Costco"},"content":{"rendered":"<p>By Roxana Baiceanu<\/p>\n<div id=\"attachment_1004241146\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/1430-S.-Ashland-Ave..png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004241146\" data-attachment-id=\"1004241146\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/benderson-development-pays-17m-for-chicago-costco\/1430-s-ashland-ave\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/1430-S.-Ashland-Ave..png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1430 S. Ashland Ave.\" data-image-description=\"&lt;p&gt;1430 S. Ashland Ave.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;1430 S. Ashland Ave.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/1430-S.-Ashland-Ave..png?w=800\" loading=\"lazy\" class=\"wp-image-1004241146 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/1430-S.-Ashland-Ave..png\" alt=\"Costco \" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/1430-S.-Ashland-Ave..png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/1430-S.-Ashland-Ave..png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/1430-S.-Ashland-Ave..png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004241146\" class=\"wp-caption-text\">Costco<\/p><\/div>\n<p>Benderson Development has paid $17.1 million to the Illinois Medical District for a 156,000-square-foot Costco store in Chicago\u2019s South Loop. According to the City of Chicago Planning and Development, the retail center employs 125 people and has more than 3,600 products available.&nbsp;<\/p>\n<p>Located at 1430 S. Ashland Ave., the building&nbsp;is among the largest Costco stores in the U.S., as it includes a gas station, tire center, optical center and a food court. Completed in 2012, the retail center was the second to serve Chicagoans within the city limits, while other stores had already been functioning in Schaumburg and Oak Brook since 1998.&nbsp;<\/p>\n<p>The property spans 16 acres and is part of the Illinois Medical District Campus, the largest urban healthcare, educational, research and technology district in the nation. Costco, one of the large national retailers that have also <a href=\"https:\/\/www.commercialsearch.com\/news\/bricks-mortality\/\">tackled the online space<\/a>, currently counts 20 stores in Illinois.<\/p>\n<p><em>Image via Google Street View <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The store is located in the city\u2019s South Loop neighborhood, spans across 16 acres and is part of the Illinois Medical District Campus. <\/p>\n","protected":false},"author":242,"featured_media":1004241146,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21743,21783,13,21742,21749],"tags":[41030,33906,41048],"class_list":["post-1004241143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-deals","category-investment","category-midwest","category-latest","category-retail","tag-benderson-development","tag-costco","tag-illinois-medical-district"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Benderson Development Pays $17M for Chicago Costco - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/benderson-development-pays-17m-for-chicago-costco\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Benderson Development Pays $17M for Chicago Costco\" \/>\n<meta property=\"og:description\" content=\"The store is located in the city\u2019s South Loop neighborhood, spans across 16 acres and is part of the Illinois Medical District Campus.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/benderson-development-pays-17m-for-chicago-costco\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-10T12:23:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T19:32:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/1430-S.-Ashland-Ave..png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Roxana Baiceanu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/benderson-development-pays-17m-for-chicago-costco\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/benderson-development-pays-17m-for-chicago-costco\/\",\"name\":\"Benderson Development Pays $17M for Chicago Costco - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/benderson-development-pays-17m-for-chicago-costco\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/benderson-development-pays-17m-for-chicago-costco\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/1430-S.-Ashland-Ave..png\",\"datePublished\":\"2018-07-10T12:23:47+00:00\",\"dateModified\":\"2022-12-08T19:32:19+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/94dbd38faeeb26b4b597d7fbd793c52a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/benderson-development-pays-17m-for-chicago-costco\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/benderson-development-pays-17m-for-chicago-costco\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/benderson-development-pays-17m-for-chicago-costco\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/1430-S.-Ashland-Ave..png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/1430-S.-Ashland-Ave..png\",\"width\":800,\"height\":620,\"caption\":\"1430 S. 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