Chicago Neighborhood Group Says Wal-Mart Agrees To Store Limits

A Lakeview association says it has an agreement that obligates Wal-Mart Stores Inc., the world's largest retailer, to keep a lid on the store it wants to open in the congested North Side neighborhood.

At a Monday night meeting attended by some 100 community members, leaders of Southeast Lakeview Neighbors said they negotiated a restrictive covenant with the owners and managers of the Broadway at Surf shopping center that would legally limit the proposed store to a maximum 33,395 square feet.

That's slightly larger than the space Bentonville, Ark.-based Wal-Mart has pursued at Broadway at Surf, news that Crain's first reported in December.

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