CHICAGO (AP) – The Chicago Cubs’ early exit from the playoffs will test the offseason appeal of the neighborhood around Wrigley Field.
The Chicago Tribune reports that the Wrigleyville neighborhood has seen new hotels, apartments, restaurants and entertainment venues built in an attempt to make the area a year-round destination.
Much of the development efforts are being led by the Ricketts family, which owns the Cubs. The family’s real estate investment arm, Hickory Street Capital, has developed more than a half-dozen new restaurants and bars near the iconic ballpark.
Local business owners say the new additions could mean extra competition, but they may also bring in new customers. Longtime businesses say they hope to beat the competition through reasonable prices and a loyal customer base.