New shoe store coming to Hyde Park

Staff Writer

BankFinancial’s abandoned branch at 5500 S. Lake Park will soon make way for a New Balance shoe store.

Jeff Mach, co-owner of the city’s four New Balance concept stores, will open the shop this month, with a tentative opening date planned for Aug. 15. He says he was drawn to 55th Street by its position as a main corridor to the lakefront, and that his Lincoln Park store was attracting visitors from across the city.

“We have a lot of customers as well as employees that drive, bike or take the bus up to see us from the [South Side],” Mach told the Herald in an e-mail.

BankFinancial closed its second neighborhood bank in early January, citing a lack of business.