Orland Park OKs auto dealer incentive
By Mike Nolan firstname.lastname@example.org February 4, 2013 10:58PM
Updated: March 7, 2013 6:28AM
Orland Park trustees on Monday night approved a sales tax rebate agreement with an auto dealer that’s expanding.
The incentive for Orland Park Motor Cars Inc., which operates Mercedes-Benz of Orland Park, is worth a bit more than $574,000 and is spread over five years, starting April 1.
The company is spending more than $1 million to renovate and expand the dealership so it can sell the Smart compact car and a Mercedes-Benz commercial van, and the project will create 16 jobs, according to the village.
The store, 8470 W. 159th St., used to also house BMW of Orland Park, but that dealership moved last spring to the northeast corner of 159th Street and Wolf Road.
For the BMW dealership, village officials approved a 10-year sales and property tax revenue-sharing agreement worth $2.6 million. Both the BMW and Mercedes-Benz dealerships are owned by a Pennsylvania-based company.
In other business Monday night, village trustees approved plans for a strip mall at the northwest corner of 159th Street and 94th Avenue. The former site of a Mobil gas station, the property is being redeveloped to include 17,000 square feet of commercial space. One announced tenant is Pop’s Italian Beef & Sausage.
The board also expanded and renamed a facade improvement program that previously helped finance improvements to businesses in the 143rd Street commercial corridor. Now called the Appearance Improvement Grant Program, it will provide grants covering 50 percent of the cost — up to $20,000 — of facade or landscaping improvements for any commercial property. The village has allocated $50,000 for the program.