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CHICAGO — Structured Development and Commonfund Realty have announced that Milwaukee-based Roundy’s Supermarkets has signed a lease to open its first Chicago grocery store within NewCity, an approximately 1.5 million-square-foot mixed-use development located at the intersection of Halsted Street and Clybourn Avenue in Chicago. Roundy’s signed a 15-year lease for an 80,000-square-foot location, which will house the grocer’s new gourmet market concept. The grocery store will anchor the retail portion of NewCity, which will contain an approximately 440,000 square feet of retail and commercial space, in addition to a 25-story residential tower. Roundy’s is expected to open in 2009, with completion of NewCity expected in 2010.

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