Wood Dale Welcomes Incoming Starbucks, AT&T and 7-Eleven Retailers
The City of Wood Dale is pleased to announce the forthcoming arrival of a new Starbucks Coffee location and AT&T to be housed within the development at the southeast corner of Irving Park and Addison roads. These tenants will be located in a 4200 square-foot space that will include drive-through access and outdoor café space.
This project, combining three land parcels into one cohesive development, was announced in November of 2018 and will join a new 7-Eleven convenience store and gas station also being developed on the property by real estate developer GW Properties. As a combined development, these retailers are expected to generate significant sales tax revenue for the City.
“This is a sign that our community is moving forward in a positive direction,” said Director of Community Development Ed Cage.
Commercial retailers look at average daily traffic flow, demographics, similar businesses in the area and household income before deciding to invest in a community. Additionally, Starbucks locations offering drive-thru services tend to generate up to 30% higher sales than those without.
“This plan reflects well on what’s happening in Wood Dale,” added Cage. “It will be a driving force for economic redevelopment along the Irving Park Road commercial corridor, one of the City’s key comprehensive plan objectives.”
The project is expected to attract new visitors and be instrumental in enhancing the appearance of the corridor with the potential to facilitate additional redevelopment along Irving Park Road.