Orland Park Place
{{Short description|Shopping center in Illinois, United States}}
{{Use mdy dates|date=April 2025}}
{{Use American English|date=February 2025}}
{{Infobox shopping mall
| name = Orland Park Place
| native_name =
| native_name_lang =
| logo =
| logo_alt =
| logo_width =
| image = File:Orland Park Place 1.jpg
| image_alt =
| image_width =
| caption =
| location = Orland Park, Illinois, United States
| coordinates = {{Coord|41.61231640|-87.85189330|type:landmark_region:US-IL|display=inline,title}}{{Google maps|url=https://maps.google.com/?cid=5368761624125902692 |title=Orland Park Place|access-date=26 May 2021}}
| address = 49 Orland Park Place
| opening_date = 1982
| closing_date = 1997 (as enclosed mall)
| previous_names = Orland Court
| developer = American Income Properties
| manager =
| owner = Pine Tree, LLC
| architect =
| number_of_stores = 50+
| number_of_anchors = 10+
| floor_area = {{convert|598555|sqft|m2}}{{cite web | url=https://www.pinetree.com/portfolio/orland-park-place/ | title=Orland Park Place | publisher=Pine Tree LLC | access-date=March 5, 2021}}
| floors = 2
| parking =
| publictransit = Pace
| website =
| footnotes =
| embedded =
}}
Orland Park Place, formerly Orland Court, is a shopping center in Orland Park, Illinois, a suburb of Chicago, Illinois, United States. Built in 1981 and 1982, as an enclosed shopping mall, it was largely unsuccessful on this front, and was redeveloped into a largely outdoor mall in 1999. The mall is owned and managed by Pine Tree LLC.
History
Orland Court, initially Orland Greens, was first announced in July 1979, developed by American Income Properties with anchors to include Montgomery Ward and Wieboldt's.{{Cite news|date=July 8, 1979|title=Orland mall plans 'launch'|work=Tinley Park Star/Herald|url=https://www.newspapers.com/clip/69801858/|access-date=February 9, 2021}} Montgomery Ward would open ahead of the mall on March 19, 1981.{{Cite news|date=March 12, 1981|title=Wards Orland Court opening next week|work=The Star-Herald|url=https://www.newspapers.com/clip/69802198/|access-date=March 4, 2021}} Wieboldt's would open on August 13, 1981, with AIP previewing the mall for local business people and government officials at this same time. Additional mall stores were set to open in the spring, and a Phase 2 of the mall was also announced, to include 2 more anchors, one of which was to be Bergner-Weise, a Peoria, Illinois based department store.{{Cite news|date=August 13, 1981|title=Developer previews Orland Court Mall|work=Tinley Park Star/Herald|url=https://www.newspapers.com/clip/72630584/|access-date=March 4, 2021}} In November 1981, lender BA Mortgage filed a lawsuit against AIP, seeking foreclosure of Orland Court due to the developer owing a combined $24.5 million in interest and principal on a $20 million loan taken out to build the property.{{Cite news|last=Beechen|first=Marybeth|date=November 22, 1981|title=Foreclosure suit hits developer|work=The Star-Herald|url=https://www.newspapers.com/clip/72632132/|access-date=March 4, 2021}}File:Orland park place 1994.png AIP filed for bankruptcy on May 21, 1982, and the property was eventually awarded to lenders Equitable Life Assurance Society of the US, BA Mortgage, and Mercantile Bank of Canada.{{Cite news|last=Reardon|first=Patrick|date=May 15, 1983|title=2 Orland Park shopping centers; The anatomy of a boom and a bust|work=Chicago Tribune|url=https://www.newspapers.com/clip/72632693/|access-date=March 4, 2021}}
Chicago-based developer Spatz & Co purchased the property in late 1984, for an undisclosed amount, though stated to be less than $24 million. A $20 million renovation was announced at this time, to include 3 more anchors and a 300-seat food court.{{Cite news|last=Ibata|first=David|date=November 18, 1984|title=Orland Court shops for a brighter future|work=Chicago Tribune|url=https://www.newspapers.com/clip/72649092/|access-date=March 4, 2021}} MainStreet and a Spiegel Outlet were announced as new anchors in April 1985, followed by Sportmart later that year.{{Cite news|last=Gallagher|first=Anne|date=April 14, 1985|title=Bill Spatz is preparing some 'magic' to revive 'Park Place'|work=The Star|url=https://www.newspapers.com/clip/72650835/|access-date=March 4, 2021}}{{Cite news|date=November 24, 1985|title=Popping corks herald new Orland Park Place|work=The Star|url=https://www.newspapers.com/clip/72651042/|access-date=March 4, 2021}} It was at this time the property would be renamed to Orland Park Place, inspired by the Monopoly property of the same name, as suggested by Bill Spatz' wife.{{Cite news|last=Eder Guindon|first=Myra|date=January 8, 1987|title=Orland Park Place gets new leases on life|work=The Star|url=https://www.newspapers.com/clip/72657967/|access-date=March 4, 2021}} MainStreet would be the first of the new anchors to open, on November 21, 1985.{{Cite news|date=November 24, 1985|title=Orland Park Place welcomes Main Street store|work=The Star|url=https://www.newspapers.com/clip/62800772/orland-park-place-welcomes-main-street/|access-date=March 4, 2021}}
= Decline =
Wieboldt's would be the first anchor to close its doors on March 20, 1987.{{Cite news|last=Key|first=Janet|date=March 21, 1987|title=WIEBOLDT TO SHUT 8 STORES, IDLE 341|work=Chicago Tribune|url=https://www.chicagotribune.com/news/ct-xpm-1987-03-21-8701220372-story.html|access-date=March 4, 2021}} Heller Financial would seek to foreclose on a $39.5 million loan taken out by William Spatz to renovate and purchase the mall in 1989, eventually taking ownership of the mall.{{Cite news|date=February 15, 1989|title=Heller seeks to foreclose on shopping center loan|work=Chicago Tribune|url=https://www.newspapers.com/clip/72663550/|access-date=March 4, 2021}} Heller would eventually bring in Tri-Land Properties to manage the mall, and would in 1993 announce plans to redevelop the mall as an off-price center, with suggested tenants such as Nordstrom Rack, TJ Maxx, and Filene's Basement.{{Cite news|date=August 15, 1993|title=Troubled mall heading for 'value' rebirth|work=The Star|url=https://www.newspapers.com/clip/72666855/|access-date=March 4, 2021}} In 1994, Tri-Land would seek to make the property a tax increment financing district, saying that without it, the mall would close in two years.{{Cite news|last=Rietsma|first=Jef|date=October 2, 1994|title=Mall looking for financial fix|work=The Star|url=https://www.newspapers.com/clip/72667263/|access-date=March 4, 2021}} In 1995, Sportmart announced that they would be building a new store to replace the Orland Park Place location, citing the mall location's small size. At this time, the mall was more than 80% vacant, with Hugh Robinson, Vice-President of Tri-Land Properties, saying that "Orland Park Place is a ship with a lot of holes in it. ... I don't know how much longer it will stay afloat".{{Cite news|last=Rietsma|first=Jef|date=September 10, 1995|title=Sportmart leaving Orland mall|work=The Star|url=https://www.newspapers.com/clip/72668634/|access-date=March 4, 2021}} By this time, two proposals to convert the mall to an off-price center had been shot down, with the second proposal publicly rejected by Mayor Dan McLaughlin. Heller Financial would sell the property outright to Tri-Land in 1995, however by 1996 they would be involved in litigation with the First Lien Company, which was attempting to gain ownership of the property. In 1996, the mall had fallen even further, with an occupancy rate under 10%, and with Kohl's having closed both of their mall entrances.{{Cite news|last=Rietsma|first=Jef|date=November 14, 1996|title=No changes expected at troubled Orland mall|work=Tinley Park Star|url=https://www.newspapers.com/clip/72670685/|access-date=March 4, 2021}}
The mall would close for good in April 1997, leaving the only open stores to be Montgomery Ward, Kohl's, and Sportmart, the latter of which was set to close following the completion of a replacement store.{{Cite news|last=Melcer|first=Rachel|date=April 2, 1997|title=MALL CLOSING STUNS ORLAND PARK SHOPPERS|work=Chicago Tribune|url=https://www.chicagotribune.com/news/ct-xpm-1997-04-02-9704020081-story.html|access-date=March 4, 2021}}
= Redevelopment =
The mall would be purchased by Hiffman Shaffer Associates in 1998, who planned to redevelop the mall as an open air shopping center.{{Cite news|last=Rietsma|first=Jef|date=January 15, 1998|title=Mall plans continue slow pace|work=Orland Park Star|url=https://www.newspapers.com/clip/72671459/|access-date=March 4, 2021}} The revamped center would have its grand opening in November 1999, with major tenants including Barnes & Noble, DSW Shoe Warehouse, an expanded Sportmart, Bed Bath & Beyond, and Cost Plus.{{Cite news|last=Rietsma|first=Jef|date=November 11, 1999|title=Revitalized shopping center is ready to open its doors|work=The Star|url=https://www.newspapers.com/clip/62800571/revitalized-shopping-center-is-ready-to/|access-date=March 4, 2021}} Further tenants would open in 2000, including Wickes Furniture, Stein Mart, and Old Navy.{{Cite news|last=Armstrong|first=Jennifer|date=January 2, 2000|title=Renovated mall proves a success|work=The Star|url=https://www.newspapers.com/clip/72705315/|access-date=March 5, 2021}} Montgomery Ward would close in March 2001 after the chain filed for bankruptcy, with Galyan's and Office Depot announced to take over the property in 2002.{{Cite news|date=March 30, 2001|title=Mall owner opens parking lot to festival|work=Chicago Tribune|url=https://www.newspapers.com/clip/72705863/|access-date=March 5, 2021}}{{Cite news|last=Rietsma|first=Jef|date=August 11, 2002|title=Two businesses to move into old Ward site|work=The Star|url=https://www.newspapers.com/clip/72705943/|access-date=March 5, 2021}} HSA would put the property up for sale in October 2003, and announce a buyer for the property in 2005, though it was not named.{{Cite news|last=Ludwig|first=Howard|date=April 7, 2005|title=Orland Park Place under contract with buyer|work=The Star|url=https://www.newspapers.com/clip/72709459/|access-date=March 5, 2021}}
Galyan's would be converted to a Dick's Sporting Goods in 2004, following the chain's acquisition.{{Cite news|date=June 22, 2004|title=Dick's Sporting Goods to Buy Gaylans|work=The New York Times|url=https://www.nytimes.com/2004/06/22/business/dicks-sporting-goods-to-buy-galyans.html|access-date=March 5, 2021}} Nordstrom Rack would open at the mall in 2008, then owned by Inland Real Estate Corporation.{{Cite news|date=August 5, 2008|title=Nordstrom Rack to Open at Orland Park Place in Orland Park, Illinois|work=Nordstrom|url=https://investor.nordstrom.com/node/11331/pdf|access-date=March 5, 2021}} 2011 would see the opening of both HHGregg on September 15, and Ross on October 8.{{Cite news|last=Bong|first=Bob|date=September 13, 2011|title=Largest of 14 new hhgregg Stores Opening in Orland Park|work=Patch|url=https://patch.com/illinois/orlandpark/largest-of-14-new-hhgregg-stores-opening-in-orland-park|access-date=March 5, 2021}}{{Cite news|date=October 4, 2011|title=Twelve Ross Dress For Less® Locations Coming Soon to Greater Chicago Area|work=Cision PR Newswire|url=https://www.prnewswire.com/news-releases/twelve-ross-dress-for-less-locations-coming-soon-to-greater-chicago-area-131052098.html|access-date=March 5, 2021}} Office Depot would close on December 12, 2012, in anticipation of a relocation to a smaller store.{{Cite news|last=Bong|first=Bob|date=October 9, 2012|title=Business Comings & Goings: Office Depot Moving From Orland Park Place|work=Patch|url=https://patch.com/illinois/tinleypark/business-comings-goings-office-depot-planning-move-fr7c8e9a7aa2|access-date=March 5, 2021}} Sports Authority, who had taken over long time tenant Sportmart in 2003, would close amidst bankruptcy in 2016.{{Cite news|last=Landis|first=Tim|date=March 3, 2016|title=Springfield Sports Authority among 140 to close in bankruptcy reorganization|work=The State Journal-Register|url=https://www.sj-r.com/article/20160303/NEWS/160309856|access-date=March 5, 2021}} HHGregg would close in 2017, with the space split between an Ashley Furniture HomeStore that opened on July 21, 2018, and a Hobby Lobby which opened on March 4, 2019.{{Cite news|last=Swanson|first=Lorraine|date=July 17, 2018|title=Ashley HomeStore Plans Grand Opening This Saturday In Orland Park|work=Patch|url=https://patch.com/illinois/orlandpark/ashley-homestore-plans-grand-opening-saturday-orland-park|access-date=March 5, 2021}}{{Cite news|last=Pete|first=Joseph|date=April 7, 2017|title=HHGregg to fold, close Highland and Merrillville stores|work=nwi.com|url=https://www.nwitimes.com/business/local/hhgregg-to-fold-close-highland-and-merrillville-stores/article_e3673717-58e4-5fe7-9e83-4edc8d59b333.html|access-date=March 5, 2021}}{{Cite news|last=Hobbs|first=Erika|date=March 4, 2019|title=Area's 3rd Hobby Lobby Opens in Orland Park|work=Patch|url=https://patch.com/illinois/orlandpark/areas-3rd-hobby-lobby-opens-orland-park|access-date=March 5, 2021}}
Bed Bath & Beyond closed in September 2020, followed by Stein Mart a month later in October.{{Cite news|last=Pete|first=Joseph|date=September 19, 2020|title=Bed Bath & Beyond to close stores in Hobart, Orland Park|work=nwi.com|url=https://www.nwitimes.com/business/local/bed-bath-beyond-to-close-stores-in-hobart-orland-park/article_bffa15b1-857e-53d9-9d05-07a575503649.html|access-date=March 5, 2021}}{{Cite news|last=Sheikah|first=Yasmeen|date=October 14, 2020|title=Orland Park Stein Mart Will Close|work=Patch|url=https://patch.com/illinois/orlandpark/orland-park-stein-mart-will-close|access-date=March 5, 2021}}
Gallery
Montgomery Ward Orland Park.jpg|Montgomery Ward at Orland Park Place
Wieboldt's Orland Park.png|Wieboldt's at Orland Park Place
References
{{reflist}}
External links
- [https://www.pinetree.com/portfolio/orland-park-place/ Orland Park Place] at Pine Tree
{{Chicagomalls}}
Category:1981 establishments in Illinois
Category:Shopping malls in Cook County, Illinois
Category:Demolished shopping malls in the United States