A joint venture of Chicago-based M&R Development and Bucksbaum Retail Properties LLC has announced two high-profile leases at the new Addison & Clark residential and retail center coming to Chicago’s Lakeview neighborhood in 2018. Los Angeles-based Lucky Strike Entertainment will open its second Chicago location at Addison & Clark, while New York-based Shake Shack, Inc. has chosen Addison & Clark as its fourth Chicago-area restaurant.

These two new leases come on the heels of CMX, the seventh-largest cinema chain worldwide with 297 theaters and 2,593 screens, announcing plans earlier this year for a 10-screen movie theater at Addison & Clark. Located directly across from Wrigley Field on the northeast corner of Addison Street and Clark Street, the eight-story transit-oriented development will include 148 luxury apartments and 150,000 square feet of retail space.

“The retail anchors at Addison & Clark will help write the playbook for creating exciting and experiential neighborhoods nationwide and will continue to build on making Lakeview a year-round destination with best-in class dining and entertainment,” said John Bucksbaum, CEO of Chicago-based developer Bucksbaum Retail Properties. “The high profiles of these retailers – Lucky Strike, Shake Shack and CMX – will ensure the stability of this development for the long-term and will give area residents and visitors multiple entertainment options before, during and after the traditionally busy baseball season.”

“The Addison & Clark development has significant economic importance in this enclave of the Lakeview neighborhood,” said Anthony Rossi, Sr., president of M&R Development. “The combination of luxury rental residences and high-profile retail venues will help fill a long-standing need for contemporary entertainment options around Wrigley Field.”

According to Bucksbaum, Lucky Strike Entertainment will offer a chef-driven menu, private and semi-private function spaces, live music, and a premium bowling experience. The Addison & Clark location will occupy approximately 30,000 square feet on the second floor of the complex and serve as a one-stop-shop for patrons of all ages living in, or visiting, Chicago’s Lakeview neighborhood.

Shake Shack, Inc., the popular “modern-day roadside burger stand,” will bring its national reputation for one-of-a-kind burgers, hot dogs and frozen custard shakes to Addison & Clark in a lease occupying 3,500 square feet.

While Addison & Clark – located just a block west of the CTA’s Addison Red Line stop and steps from several major bus routes – offers convenient access to public transportation, the project will include 405 indoor parking spaces for resident and public use. The public parking garage will feature 341 parking spaces. In addition, residents will have exclusive access to a private, underground garage with 64 reserved parking spots. The resident garage will feature private elevators leading to the residential floors.

Apartments at the development will offer a mix of studio, one- and two-bedroom floor plans. Additionally, the residential component will include a 5,700-square-foot indoor clubhouse and over 8,700 square feet of outdoor space, including a pool/spa on the fourth-floor amenity deck. Addison & Clark is already under construction, having broken ground this summer.

For more information on Addison & Clark, visit www.addisonandclark.com.

About M&R Development
Founded in 1996 by Tom Moran and Anthony Rossi, Chicago-based M&R Development is a developer of luxury, high-end rental apartment buildings and mixed-use communities ranging in style from garden and mid-rise to urban high-rise. Over the past twenty years, the company has developed fourteen properties with over 3,755 units in greater Chicago.

About Bucksbaum Retail Properties

Chicago-based Bucksbaum Retail Properties (BRP) is a fully integrated real estate developer of mixed-use projects with a primary focus on retail. Understanding the relationship between a high quality of life and the built environment, BRP is incorporating office, residential and hospitality uses into its projects to create a sense of place for consumers, residents and businesses.

About Lucky Strike Entertainment

Lucky Strike Entertainment is the creator and operator of a variety of entertainment concepts throughout the country that cater to any age, featuring premium bowling, restaurants, bars, live music, dance clubs, billiards and game rooms. Lucky Strike has been universally recognized in the media as the leading brand in the boutique bowling category. With state-of-the-art private and semi-private function rooms, Lucky Strike has hosted countless entertainment and sports celebrities, thousands of corporate and private events and has contributed to hundreds of charities. Lucky Strike Entertainment was founded in 2003 by Steven and Gillian Foster and Kevin Troy, with the opening of Lucky Strike in the heart of Hollywood. The global entertainment company continues to grow, recently opening its16th venue nationally in Albany, NY. For more information, please visit www.bowlluckystrike.com.

About Shake Shack

Shake Shack^® is a modern day “roadside” burger stand known for its delicious burgers, hot dogs, frozen custard, crinkle cut fries, beer, wine and more. With its fresh, simple, high-quality food at a great value, Shake Shack is a fun and lively community-gathering place with widespread appeal. From its premium ingredients and progressive hiring practices to its environmentally responsible designs and deep community investment, Shake Shack’s mission is to Stand For Something Good^®. Since the original Shack opened in 2004 in NYC’s Madison Square Park, the Company has opened additional company-operated Shacks in New York, New Jersey, Washington, D.C., Connecticut, Georgia, Illinois, Pennsylvania, Florida, Massachusetts, Virginia, and Nevada, and international licensed Shacks in London, Istanbul, Dubai and more.