Business & Tech
Nearby Binny's Becoming 1 of Biggest Booze Superstores in World
The Marcey Street Binny's, located just across the river in nearby Lincoln Park, is about to expand to become one of the largest beverage superstores in the world. It will even have a wine and craft beer bar. Read on for all the details.
The already big Binny's Beverage Depot on Marcey Street is about to get even bigger.
The Chicago-based liquor store recently signed a deal to expand its 33,000-square-foot store at 1720 N. Marcey St. by leasing two adjacent buildings, according to Shanken News Daily, an e-mail news service covering the global spirits, wine and beer business.
The store is in a Ranch Triangle space along the east side of the Chicago River formerly occupied by Sam's Wine & Spirits.
"The $3 million renovation begins in July and will expand the location to 50,000 square feet, making it one of the largest beverage alcohol superstores in the world," Shanken News reports.
Binny's owner Micheal Binstein reportedly told the publication that the move "represents a key strategic investment."
"In addition, the Lincoln Park location will also incorporate the notable Lincoln Park Pumping Station including a wine and craft beer bar," the Binny's website says.
Annual revenue for the superstore is projected to be around $50 million.
The current operation will stay open during construction, which should end in late October.
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