Developer BlitzLake Capital will debut updated renderings of a proposed building at 3200 N. Clark St. to neighbors in March 2014. View Full Caption Howard Hirsch Associates

LAKEVIEW — A year ago, Ald. Tom Tunney (44th) promised a "first-class grocery store" would anchor the Belmont-Clark development.

On Wednesday afternoon, Tunney announced Target signed a lease with the developers of 3200 N. Clark St. to open a 29,000-square-foot TargetExpress.

The "scaled-back" version will feature grocery, health and beauty departments, with a focus on "quick trip" shopping, Tunney said in an email.

TargetExpress is a relatively new concept, with stores in Minneapolis and San Francisco opening last year.

"It is geared toward neighborhood shoppers swinging by as they walk or bike home from work," Tunney said.

The announcement came after Target withdrew plans to open a store at 3201 N. Ashland Ave. last May. At that time, a Target spokeswoman declined to say why the company changed its mind and sold the building.

Whole Foods Market is now developing plans for a store at that location.

Demolition has already begun for the 3200 N. Clark St. project, with the legendary Punkin' Donuts expected to be torn down this summer.

The $50 million, eight-story BlitzLake development is expected to include 90 apartment units, two floors of retail and 39 parking spaces.

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