Magellan to lead Roundy’s project in Ravenswood
By: Eddie Baeb May 05, 2010
(Crain’s) — A proposed Roundy’s supermarket in Ravenswood is gaining traction, as one of the biggest local development firms is now leading the project and the city is poised to consider providing tax-increment financing.
At a community meeting Monday night, Magellan Development Group LLC was revealed as the new lead on the almost $50-million development slated for a 6.5-acre site near the corner of Lawrence and Ravenswood avenues in the North Side neighborhood. Sears Holdings Corp. owns the property...
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