Vitamins in a vault? Hand-rolled sushi and an “Eyebrow Bar” beautician, all underneath the gaze of decorative griffins, alit through ornate, jazz-age stained glass?
That’s the striking retail formula revealed today when Walgreens (NYSE: WAG) (Nasdaq: WAG) opens the doors to its newest Chicago flagship store located within the historic Noel State Bank building at the northwest corner of North and Damen avenues in Chicago’s Bucktown/Wicker Park neighborhood. The one-of-a-kind retail location preserves the stunning and historic building’s original architectural integrity.
This is Walgreens second flagship store in Chicago and, like its downtown State and Randolph flagship location, features an extensive collection of innovative offerings, products and services unexpected from a drugstore.
“It was thrilling to restore this architectural gem once again into a thriving business anchor in the Bucktown/Wicker Park area,” said Joe Magnacca, Walgreens president of daily living products and solutions. “This flagship store will provide customers with a unique shopping experience within an iconic building. It’s the latest example of how we are stepping out of the traditional drugstore format and helping people get, stay and live well.”The Noel State Bank building, constructed in 1919, was designed by Gardner C. Coughlen in a neo-classical style. The original bank fell victim to a bank run during the Great Depression and has housed several different banks over the decades, the last being Midwest Bank, which closed several years ago. Throughout the last two years, Walgreens has worked closely with the city’s Commission on Chicago Landmarks on the building restoration. The exterior is clad entirely in ornamental terra cotta. Large windows are divided by rising pilasters topped with Corinthian capitals, and a prominent cornice wraps around the rounded corner of the building.
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