Plans to build a new grocery store, strip mall and drive-thru bank at Bucktown's 2100 block of N. Ashland have stalled, with the buyer of the property falling out of contract citing finance and real estate sector upheaval.
Now the two parties-buyer Smithfield Properties LLC and property owner Helco Corp.-are enmeshed in a legal dispute over $550,000 held in escrow.
Some in the neighborhood were looking forward to having more shopping options.
"I certainly think choices are a good thing, especially when it comes to shopping and groceries," said Paula Barrington, executive director of the Wicker Park and Bucktown Chamber of Commerce.
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