Orland Park Finalizes Agreement to Bring Von Maur to Orland Square

Orland Park Finalizes Agreement to Bring Von Maur to Orland Square
Posted on 10/18/2018

The Village of Orland Park has completed the economic incentive package that was instrumental in bringing Von Maur Department Store to Orland Square.

Von Maur, which operates 32 stores in 15 states, including three in Illinois, will occupy the 160,000 square feet space vacated by Carson's, which ceased all operations August 31st.

"This is a big win for Orland Park and a real shot in the arm for our economic future," said Mayor Keith Pekau.

"Von Maur is a great business, headquartered in the Midwest and I am impressed with their offerings, their corporate culture and the success they bring to our town and our region," added Trustee Carole Griffin Ruzich.

To bring Von Maur to Orland Park, the village and other taxing bodies are providing tax incentives with a potential total cost of $8.5 million based on Von Maur meeting certain obligations and performance criteria.

The Village of Orland Park and the region will benefit from Von Maur's expected investment of $25 million and the estimated 225 jobs created at this location. It will enhance Orland Square, the region's economic driver, and lead to further improvement and development of adjacent areas.

"Thank you to the Orland Park Village Board, the boards of Consolidated High School District 230 and Orland School District 135, Orland Fire Protection District, the Village of Orland Park Library, Von Maur and Simon, all of whom worked together to make this a reality to benefit the region," Pekau said.

The mayor added, "I also commend village staff, in particular Assistant Village Manager Karie Friling, for all of their tireless efforts to get this major victory across the finish line."