GLEN ELLYN – Plans for Pete's Market to move into the former Dominick's store in the Baker Hill shopping center continue to move forward.
At their June 4 meeting, Glen Ellyn village trustees approved an addition to the 75,100-square-foot building, amended the previously approved exterior appearance and approved variations from the village's sign code.
"We're excited to be here," said Petro Drimonas, project manager of development and operations for Pete's Market. "We're excited to serve the community."
Phillips Edison and Co., owner of the Baker Hill shopping center, and JD Real Estate Inc., developer for Pete’s Market grocery store, want to expand the building by 4,581 square feet in order to accommodate the new store, which is set to open in February 2019.
According to a village memo, the overall design of the shopping center will remain the same, with the towers, roof line and columns throughout the shopping center to stay. As proposed, the red brick on the two columns on the grocery store's portion of the building will be painted tavern taupe and will contain a new storefront window system to replace the existing glass block windows in the towers.
Trustees in September 2017 approved a $1.25 million incentive to bring Pete's Market to the shopping center. The village would receive a $75,000 base sales tax each year, and there would be a 50-50 sales tax split above the base between the village and shopping center owner. The agreement would terminate after the $1.25 million is reached or 10 years, whichever is first.
Cost estimates for the site and grocery store improvements required by Pete’s Market of Phillips Edison are in excess of $7 million, Glen Ellyn Economic Development Coordinator Meredith Hannah previously told trustees. In addition, when the store is turned over to Pete’s, the business will be investing an additional $5 million into the space, she said.
In 2016, Glen Ellyn officials were among several area municipal leaders who accused Jewel-Osco's parent company, Albertsons, of intentionally renewing the leases of vacant Dominick's stores with the intent of keeping them vacant. They said those actions had stifled competition and options for residents.