RACINE — Jo-Ann Fabrics and Crafts will backpack to Regency Capital to accompany Party Burghal and Ross Dress for Less in the above J.C. Penney at Regency Mall.
Complete affairs for the Penney redevelopment were apparent to the Racine Plan Agency on Wednesday afore the agency absolutely recommended alteration the mall’s conditional-use admittance to acquiesce the redevelopment by Learsi & Co. of Northbrook, Ill.
Late aftermost year, Learsi bought the Penney space, with about 65,000 aboveboard anxiety on anniversary of two floors, for $2.2 million. At the time, Learsi President David Israel promised to redevelop what had been a capital ballast abundance and said “junior box” food were a able possibility.
This week, he apparent his plan for the aboriginal floor; Israel does not ahead retail on the high floor. The plan in a nutshell:
The absolute Penney Auto Center, absorbed to the above Penney store, will be burst as allotment of the project, burghal Associate Planner Jill Johanneck said.
Israel said architecture will alpha as anon as he has abounding burghal approval; the commission’s advocacy should go to the Racine Burghal Council on July 7. He said he was able to acquisition and assurance abiding leases with the three tenants because he has a “pretty good” arrangement of absolute acreage brokers.
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