According to an article from the Daily Herald, Barrio Taqueria & Cocina aims to debut at The Fountains at Town Center at 1021 Fountain View Dr.
A representative of Barrio Taqueria & Cocina was not immediately available to comment upon What Now Chicago’s request.
According to the article, “Fozzy’s Bar & Grill and Barrio Taqueria & Cocina restaurants have signed leases to occupy space at The Fountains at Town Center, according to Vick Mehta, owner of Indvestia Real Estate Partners in Downers Grove.”
“On July 19, Indvestia closed on a purchase of the approximately 27,000-square-foot retail space along Lies Road at 1021 Fountain View Drive, Mehta said. The retail center, constructed in 2006, lies south of a complex of townhouses, also named The Fountains at Town Center, built by Town and Country Homes in conjunction with the retail space.”
“I felt like it was a good value-adding opportunity for the real estate,” he said in the Daily Herald article. “That’s what we specialize in, retail shopping centers — looking to improve or redevelop shopping centers that are underperforming or with vacancies and bring new life to them.”
“Mehta said The Fountains at Town Center had 12,081 square feet of vacant space, 44.7% of the property, before the leases to Fozzy’s and Barrio. The projected occupancies have since reduced vacancy to 4,196 square feet. Mehta hopes the new restaurants can increase the retail center’s profile and appeal to people throughout the village.”
