Cullinan Properties’ rebranding of its 310-acre mixed-use centre now under construction in Joliet, Illinois, comes seven months after the Illinois-based developer announced the signing of a significant anchor.
Penn Entertainment, owner of 43 racetracks and casinos in North America, has committed to a $185M budget to build one of its Hollywood Casinos on the property. The development is sure to swell traffic flowing to the site from Chicago, central Illinois, Iowa, and Indiana.
“Our feeling was that the development had evolved and needed to reflect more of the synergy we are cultivating with the possible tenant mix,” said Cullinan CEO Matthew Beverly. “We also wanted to continue to focus on the aspect of providing an environment where visitors and local residents can come and spend a day or the weekend,” he noted. “Being close with the Joliet community and creating a place they are proud of is important and why we strive to collaborate with local municipalities.”
RockRun Collection will include 500,000sq ft of retail and restaurants and 160,000sq ft of entertainment along with office, hospitality, and multifamily. It will service a total trade area where numbers are expected to rise tremendously.
