There may be some changes coming to your local .
With Roundy's looking to possibly expand the grocery story at 4145 N. Oakland Ave., the company has purchased the rights to Shorewood’s sole , 4081 N. Oakland Ave., and the property at 4093 N. Oakland Ave., which use to house the Open Book bookstore.
“Roundy’s controls all of that… before they used to lease it, but now they own all of the rights to that dirt,” Community Development Authority Chairman Pete Petrie said.
Walgreens' current lease will expire in April, according to Petrie, however, there are no definite plans on the table yet on what to do with the property.
Petrie said Roundy's officials periodically check in with village officials to see what the requirements would be if the company wanted to move forward to redevelop the properties.
“Well, only they know, but the facts are that they purchased them (the property rights), but they were leased before that,” Petrie said. “We do know that one day they want to redo the whole block and they are going to want some help from us.”
A Roundy's redevelopment is a the top of a prospective project priority list for the CDA.
“It could happen in a year or two, or it could happen in five years,” Petrie said.
A spokesman for Roundy's could not be reached for comment Wednesday.