Regency Centers to Develop 270,000 SF Mixed-Use Property in Greater Chicago Area

CHICAGO — Regency Centers Corp. has unveiled plans to develop Mellody Farm, a new mixed-use property in Vernon Hills, located 37 miles northwest of Chicago. The development will consist of nearly 270,000 square feet of retail space anchored by Whole Foods Market, Nordstrom Rack and REI. The project will also include 260 luxury apartment units. Focus Development and Atlantic Realty Partners will develop and own the apartment units. The project is slated for completion in late 2018.