A pair of banking/financial institutions will be filling the downtown Naperville space formerly occupied by Barnes & Noble, according to the real estate broker handling the leases.
Leases have been signed for Fidelity Investments and Wells Fargo to take over the downtown Naperville location that had been occupied by a Barnes & Noble book store until January, the leasing broker said. A pair of banking/financial institutions will be filling the downtown Naperville space formerly occupied by Barnes & Noble, according to the real estate broker handling the leases.
“We’re really excited about these two tenants coming to that building, and we’re really excited about the people that it’s going to bring to help support the restaurants and other users that are in the area,” he said.. At the time, a Barnes & Noble spokesperson said the store — which had operated from its Chicago Avenue perch for 25 years — was vacating because of an expired lease.
City staff exchanged email at that time with representatives from the Downtown Naperville Alliance and the Naperville Development Partnership regarding a proposed Fidelity location in the Barnes & Noble building, records show.In late October — two months before Barnes & Noble announced its Naperville closure — Tonnies notified Naperville Development Partnership President Christine Jeffries in an email that leases with Fidelity and Wells Fargo had been signed.
A Fidelity spokesperson reached Monday said that “we have nothing to announce at this time.” They added, “We are always evaluating our real estate portfolio to ensure we are operating in a space that meets our client and business needs.” The former Barnes & Noble building is zoned B4, which is Naperville’s downtown core district, according to Alison Laff, deputy director of Naperville’s Transportation, Engineering and Development department. Under B4, a ground level bank would be permitted, Laff said, as that would fit in with the businesses the city tries to attract downtown.
Asked about Wells Fargo and Fidelity coming to downtown Naperville, Laff said, “That’s what we’ve been told” but noted that as of last week, the city had not yet received building permit requests for either business.As for when the businesses would be operational, Tonnies said that’s “unknown” but he is hoping it will be within the next 12 months.
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