Lucky Strike is planning a bowling alley and concert venue across the street from Wrigley Field, providing a second large entertainment element to the Addison & Clark development set to open in 2018.
Lucky Strike Entertainment has leased 30,000 square feet in the retail and residential development under construction across the street from the Chicago Cubs’ ballpark, according to the project’s Chicago-based developers, M&R Development and Bucksbaum Retail Properties.
They began work this summer on Addison & Clark, a project that will include 148 luxury apartments, 150,000 square feet of retail along Clark and Addison streets and 405 parking spaces.
The large lease by Sherman Oaks, Calif.-based Lucky Strike is a key deal for the Addison & Clark development, which had been planned since 2007 but never got off the ground until late in the Cubs’ history-making 2016 season.
With the Lucky Strike deal for second-floor space, the retail portion of the seven-story development is almost halfway leased. Previously, the Cinemex theater chain leased about 31,000 square feet for a 10-screen movie theater and the Shake Shack burger chain leased 3,500 square feet.
“What’s exciting about Lucky Strike is, while they’re best known for bowling, this venue is going to have an emphasis on music,” said John Bucksbaum, CEO of Bucksbaum Retail Properties. “They’re going to bring high-quality entertainment into what is already a fun area. I think it will take it up another level.”