2022 Budget in Brief

DOWNTOWN ORLAND PARK

friendly and economically-vibrant place that embraces mixed‐use retail, commercial, office, entertainment and residential development. This development will build upon the remarkable success of recent developments in the area, including: • Orland Park Crossing Specialty Shops (owned by Edwards Realty Company) • Mariano’s Fresh Market • Ninety7Fifty on the Park , a mixed‐use building with 295 luxury apartments, retail space, and structured parking • University of Chicago Medicine Center for Advanced Care , a 4‐story medical office building with first floor pharmacy store (CVS)

The new downtown Orland Park will be a lively commercial hub with a mission to create a unique retail experience that will have customers coming back again and again. Following Village Board approval of a Memorandum of Understanding and Consulting Agreement with Edwards Realty Company, the Village of Orland Park took the next step in making the vision of a transformative, mixed use development for the Downtown Orland Park, a reality. This evolving development in the heart of downtown will bring a curated experience of world-class retailers and restaurants to Orland Park. The area is designed to include office and residential spaces, additional parking, commercial leasing, restaurant space, mixed-use spaces for entertainment, a park, and more. Downtown Orland Park is situated west and northwest of 143rd Street and LaGrange Road intersection. The area is anchored by the 143rd Street Metra Station and is unique in the Chicagoland region as it is wholly Village‐owned, master planned, zoned, and primed for development.

• Residences of Orland Park Crossing , a 231‐unit residential development

• 500+ space public parking

structure , with 12,000 sq. ft. of first floor commercial space

For more information and progress updates regarding this downtown development, please visit orlandpark.org/ downtown .

Edwards Realty Company’s vision for this development is to create a pedestrian‐

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VILLAGE OF ORLAND PARK | FISCAL YEAR 2022 BUDGET IN BRIEF