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JOLIET, ILL. — A partnership between Los Angeles-based O&S Holdings and Hollywood, Fla.-based Strategic Retail Development has announced plans to develop 314 acres into a 1.27 million-square-foot mixed-use development called Bridge Street Towne Centre. The site is located at the intersection of interstates 55 and 80 in an unincorporated area of Joliet. The project will contain retail space, restaurants, a hotel and a movie theater. It is being designed by Baltimore-based Development Design Group.