Previously, The Streets of Woodfield was an enclosed, discount-oriented shopping mall known as One Schaumburg Place. One Schaumburg Place opened in 1991 under the development of Ken Tucker,[3] anchored by a Loews Cineplex, Montgomery Ward, Office Depot, Filene's Basement, Phar-Mor, Child World, and Highland Superstore, which later became Chernin Shoes. The mall was largely vacant throughout most of its history, particularly after Montgomery Ward closed in 1997.
McCaffery Interests purchased One Schaumburg Place in 1997 and began reconfiguring the development from a two-level indoor mall into a streetside retail development.[4] This major overhaul concluded in 2000.[5] Original plans called for The Home Depot's Expo Design Center to take over as the south anchor.[6] In 2006, The Home Depot decided to close all of their Expo Design Centers by 2007.
On October 9, 1998, Galyan's opened as the first location the Chicago area.[8] The store was renamed Dick's Sporting Goods in 2004. Carson's officially opened to the public in 2000.[9]
On February 1, 2018, The Bon-Ton, announced it would close 42 locations as part of their Chapter 11 Bankruptcy, including the Carson's at the Streets of Woodfield. The store permanently closed in April 2018. This was the second anchor vacancy the lifestyle center has ever faced (As the Streets of Woodfield).[11] Just a year later, a Restoration Hardware Outlet store opened in the former Carson's space.[12]
In December 2021, it was announced that GameWorks would cease operations after struggling financially due to the COVID-19 pandemic.[13]
The Streets of Woodfield is also a regional entertainment destination with such features as Color Me Mine, Selfie WRLD, Laugh Out Loud Comedy Club, Chicago Comedy Company and Legoland Discovery Center. The AMC Loews Streets of Woodfield 20 megaplex was renamed when AMC Theatres acquired the Loews Cineplex chain and replaced the early-1990s One Schaumburg Place cinemas with this 20-screen movie theater in 2000.[14][15] In addition, a 30,000-square-foot (2,800 m2) indoor Legoland Discovery Center, the first one in the United States, opened in late July 2008.[16]
Joseph Freed and Associates LLC purchased the mall in 2004.[5]Whole Foods Market and Crate & Barrel were added as outparcels in 2010, the latter relocating from Woodfield Mall. Cypress Equities Real Estate Investment Management acquired the property in 2012.
