The local grocery store Dominick’s will be closing and a Mariano’s will be opening along with other businesses to form a new shopping center in the next year. Safeway, the parent company for Dominick’s is backing out of the Chicago market, closing stores at 72 locations in the next year, according to the Chicago Tribune.

Local Dominick’s owner, also owns the new Mariano’s, which will be opening on the corner of Quentin Road and Route 22. His store will be the third Mariano’s in the area, according to the Chicago Tribune. Safeway, the parent company for Dominick’s, is backing out of the Chicago market, closing stores at 72 locations in the next year, according to the Chicago Tribune.

Mariano’s’ opening date is set for fall of 2014, but may be pushed back, according to the Daily Herald.  The store will be joined by a PNC bank and a McDonald’s, and the area will be known as the Bradford Town Crossing, named after the real estate company associated with the project, Bradford Real Estate Company, according to the Daily Herald.

Dominick’s has been losing money over the last few years, which is a result of the lack of a specific financial demographic of customers, according to the Chicago Tribune. Many budget shoppers go to Wal-Mart for its low prices, and those who can afford go to stores such as Whole Foods, leaving Dominick’s without business in the past couple of years, according to the Chicago Tribune. Dominick’s is not the only business closing in Lake Zurich in the coming months, as the local Assemblé, in the Jewel-Osco Shopping center and Capaccio Brothers Furniture Store, behind the Party City off of Route 22, will also be closing. A Midwest Motors car dealership will be taking the place of Cappacio Brothers.

While construction is currently underway for the Mariano’s, Chase bank recently backed out of the project, leaving open space on the lot. Bradford Real Estate currently has this plot on the market.