Business & Tech
What Store Will Replace Dominick’s in Oswego?
The Village's economic development director discussed options for the soon-to-be vacant storefront.
Dominick’s grocery chain announced a few weeks ago that they would be pulling out of the Chicago market within the next year.
So it asks the question, what’s to be done with Oswego’s Dominick’s, 3010 Route 34?
The Village is working to find an answer.
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Economic Development Director Vijay Gadde said the Village is working with both the landlord of the property and the realtor to find a tenant for the building.
The 65,000 square foot building is up for looking for a single tenant, said Gadde, but if none is to be found he said the building may choose to subdivide. “They would most likely be able to find multiple tenants.”
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Who might those tenants be?
“We have approached the usual suspects,” said Gadde, citing Trader Joe’s, Mariano’s and The Fresh Market, but said none of them are ready to enter the Oswego market yet.
Gadde said the Dominick’s is “more than a great location,” in the same strip with Target, Officemax and T.J. Max among many other buildings and has a “great synergy” from all the other retailers.
Trustee Terry Michels said he felt that Dominick’s didn’t grow with the economy, which caused it to have to close.
He expressed a concern that if other companies are looking at the location based on the profit of Dominick’s, how the Village can get the message out that the location has a “tremendous amount of profit and potential” for a new tenant.
“If someone who is not in the community is just looking at data from the Dominick’s chain, they may or may not think it could be a profitable store,” said Michels. “If they were to come in though and do the right thing they could see it has great potential.”
Gadde said the Village was taking those concerns into account and also looking at what Oswego residents have expressed an interest in.
“People really want to shop at specialty grocery stores. It was number one on the wish list,” said Gadde, referring to a survey done back in April.
Another survey may be put out in the future to get people chatting once more about what they would like to see come to town.
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