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.

[5] Original plans called for The Home Depot's Expo Design Center to take over as the south anchor.

[10] 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.

Major retailers of The Streets of Woodfield include Dick's Sporting Goods, LOFT, Jos.

[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] Restaurants and dining in the shopping center include Maggiano's Little Italy, Big Bowl, Shaw's Crab House, Chipotle Mexican Grill, Corner Bakery Cafe, Jamba Juice, Starbucks, Jersey Mike's Subs, Tokio Pub, and Whole Foods Market.