Construction expected this fall on South Loop mall

Construction on a new South Loop mall is expected to start this fall, adding to the retail options off Roosevelt Road.

The five-story, 120,000-square-foot building recently got the go-ahead to start construction, but developer Jaytee is waiting to finalize a handful of key leases before breaking ground, said Jim Schutter, senior managing director at real estate firm Newmark Grubb Knight Frank and the principal agent on the project.

“We’re working on getting a couple retailers over the line,” said Schutter, who said the project has seen interest from tenants in furniture, home improvement, banking and restaurants.

The mall will be on the northeast corner of Jefferson and Taylor streets. In addition to the retail space, there will be three floors of parking, two below ground and one above, and high ceilings will mean the five-story building will be roughly 90 or more feet tall, Schutter said.