July 2, 2009 - We still may not know the status of the Lofts At Roosevelt, but we now know another business planning to open in the retail portion of this Chicago real estate development. Restaurant owner Jerry Kleiner of Carnivale, Red Light and Gioco fame announced that he will operate an upscale bar in the Kerasotes theater that is under construction at Roosevelt. According to Crain’s, the bar will be called StarBar and cater a more adult crowd.

Dean Kerasotes was quoted as saying that, “We really set out to create a more stylish design, and something with a lot of pizzazz and energy and edginess. Jerry has the ability to mix a showman’s sense of style and design to his restaurants, and at the same time provide a high-quality menu.”

The bar will be about 4,700 square feet on the mezzanine level and hold 160 guests, have entrances to premium seats in two of the sixteen theaters where up to 150 reserved seats and tables will be waiting. The bar will also have views of the theater lobby and northern city skyline. Kleiner told Crain’s that, “If you go into most movie theaters, it looks like a United Airlines terminal. We changed the whole layout _ I think it’s going to be exciting; it’s a different spin for Chicago.”

The Kerasotes theater and Starbar plan on being ready for patrons by the middle of November. The rest of the 300,000 square feet of retail at Roosevelt is now not expected to open until late 2010. As for the fate of the 342 Chicago condo lofts, Centrum Properties has yet to comment. Kerasotes and Kleiner aren’t too worried though, and believe whatever the outcome, their venture will be a success. If Roosevelt goes ahead with the original plan and delivers, it will add a significant number to the inventory of Chicago Condo Lofts.

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This entry was posted on Thursday, July 2nd, 2009 at 4:56 pm and is filed under Luxury Condos(t) , News(t) . You can leave a response.