**Brookline and Rhino Investments to Redevelop The Promenade Bolingbrook**
Chicago-based Brookline Real Estate has announced a partnership with Las Vegas-based Rhino Investments Group to spearhead the redevelopment of The Promenade Bolingbrook. The 778,000-square-foot open-air lifestyle center is located in Bolingbrook, a rapidly growing suburb southwest of Chicago.
Brookline has been selected to oversee leasing efforts and lead a revitalized vision for the property. The redevelopment will focus on creating a dynamic and refreshed tenant mix, incorporating new retail, services, restaurants, and experiential concepts aimed at reenergizing the center.
The collaboration brings together Rhino’s investment expertise and Brookline’s strong track record in leasing and redevelopment. Key members of the Brookline team were previously involved in the successful planning and execution of Block 59 in Naperville, Illinois—a project currently being transformed into a dining and entertainment hub.
Rhino Investments recently acquired an interest in The Promenade Bolingbrook. Strategically situated at Boughton Road and Interstate 355, the center serves a high-income, family-oriented community of more than 200,000 residents within a five-mile radius.
The redevelopment project aims to modernize the shopping experience and strengthen The Promenade Bolingbrook’s position as a premier lifestyle destination in the southwest suburbs of Chicago.
