Apple Store Coming To South Loop?

By Soyoung Kwak in News on Jun 17, 2012 6:00PM

Strike while the iron is hot, we suppose—one day after Apple announced the launch of its new retina-display Macbook, Alderman Robert Fioretti shared with the public that Apple will be opening up a third storefront in Chicago, located in the South Loop.

Although Alderman Fioretti hinted that the new location could be open by the end of this year, others are not committing to a specific open date:

Mr. Fioretti told the editors [at Crain's Chicago Business] on Tuesday that the iPhone retailer is "coming close" to moving in and predicted the store could open by year-end. "It looks good," he said.

Daniel McCaffery, chairman and CEO of McCaffery Interests Inc., which bought the struggling Roosevelt Collection project last year, confirmed to me that he's in talks with Apple, but is a bit more circumspect than Mr. Fioretti. "We share the alderman's enthusiasm and hope that one day we can share the announcement," he said.

The South Loop store would be located near the ICON Theater at Roosevelt and Wells. The Apple store in Lincoln Park, the second apple store in Chicago, just opened its doors in October 2010. Although this is great news for the South Loop, we wonder if a third Chicago location absolutely necessary at this point in time.