Friday, June 6, 2014

DNA Info: South side Dominick's site owner claims he's not blocking new tenants
71st/Jeffrey Dominick's by Eric Allix Rogers/flick
In this recent DNA Info article we finally hear from the owner of the development at 71st/Jeffrey where since last year a space that was once home to a Dominick's store has remained vacant. Many in that part of the city wants to see another grocer set-up shop there however that has taken more time. The Dominick's grocery chain had shut all of their locations down last December.
The owner of Jeffery Plaza said he is trying to replace the shuttered Dominick’s in his mall as quickly as possible and rejected Ald. Leslie Hairston’s (5th) and other city officials' claims that he is blocking tenants from moving in.

“We want to fill up the space as soon as possible at a cost that is justified,” said Shervin Mateen, CEO of Cannon Commercial.

At a Tuesday meeting, Hairston told South Shore residents that Mateen “only cares about his profit,” and was not cooperating with leasing the former grocery store at 71st Street and Jeffery Boulevard.

On Thursday, Mateen, speaking from his office in Los Angeles, said he was “shocked and puzzled” by Hairston’s comments.

Mateen said the company is currently in negotiations with four grocers to take over the space, including Ultra Foods, but first needs to convince Dominick’s to give up or pay out on its lease, which runs through May of 2015.

“No matter what other decisions we want to make, they have to approve it,” Mateen said. “They have the keys to the site.”

Representatives from Cannon said they are working with Dominick’s parent company, Safeway, to give up the space, but the company has been moving slow because it is currently being bought by Albertsons.

A representative of Safeway was not available to comment.

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