Lynn Stevens

Terraco and Sierra U.S., two commercial real estate firms, have started marketing to potential tenants space within a new development at the site of the defunct Megamall, along Milwaukee Avenue northwest of Sacramento Avenue in Logan Square. Marketing documents published by Curbed Chicago show a new building housing 166,390 square feet of retail, including a supermarket and a health club -- and a whopping 426 parking spaces, both within the building and in a surface lot behind it.