VOP Summer 2014

H ORTON C ENT 14402-38 S. John Humphrey Dr., Orland Park

BEFORE

VILLAGE OF ORLAND PARK APPEARANCE IMPROVEMENT GRANT

The Appearance Improvement Grant was created as an economic development tool in 2013 by the Village Board to assist businesses and property owners to improve the exterior appearance of all commercial and landmark sites and buildings in the Village. The program focuses on two areas - commercial development and historic preservation. For commercial development, the grant program addresses the whole appearance of a commercial site or building, from storefront to landscape. For historic preservation, the grant program seeks to preserve, restore and rehabilitate the historical qualities of buildings and sites that are significant to our local heritage. Since 2013, the Village has appropriated $100,000 to the Appearance Improvement Grant. To participate in the program a project must meet certain eligibility criteria. The grant funds 50% of the cost of work, awarding up to $20,000, to eligible projects. Participation in the grant program also means building permit fees are waived for the eligible project, resulting in further savings to be invested in participating projects.

To date, three commercial projects and 1 landmark project have participated in the popular program totaling over $765,000 in private investment. This means for every $1 in public money spent, $7.65 in private investment has been leveraged by the program to improve the appearance of buildings in the community. For more information on the Appearance Improvement Grant, visit the Village of Orland Park website or contact the Development Services Department at 708.403.5300. A recently approved project participating in the Appearance Improvement Grant, the Horton Center will completely remodel and renew the exterior appearance of the aged shopping center with a grant totaling $60,000 ($20,000 per building). E DWARDS R EALTY C OMPANY 2 Buildings - 25,600 Square Feet - 18 units MANAGEMENT●INVESTMENT●DEVELOPM ENT Space Available: 1,160 or 1,280 Sq Ft Parking: 121 stalls Location: The Horton Center is located at the Northwest corner of 144th Street and John Humphrey Drive in Orland Park, IL. Just 2 blocks North of Orland Square Mall. DEMOGRAPHICS 1 MILES 3 MILES 5 MILES 2011 Est. Population 9,492 62,831 168,741 2011 Est. Households 3,577 23,943 62,825 2010 Est. Average Income $84,665 $88,019 $82,277

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14489 S. John Humphrey Drive Suite 200 Orland Park, IL 60462

Phone: 708-923-6312 Fax: 708-923-7301 E-mail: info@edwardsrealtyco.com

Please be advised that information is subject to change at any time without notice.

www.orlandpark.org | ORLAND PARK PUBLIC SUMMER 2014 7