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The Committee of the Whole recommended approval of a redevelopment agreement with Dick’s Sporting Goods for the former Sears parcel at Orland Square Mall and heard a financial recap showing Centennial Park West concerts have run large deficits since 2019.
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The committee moved forward a redevelopment agreement tied to Dick’s Sporting Goods’ planned House of Sport project at the former Sears parcel. The item also included terms involving TIF-eligible reimbursements and possible Village-funded stormwater and traffic signal improvements, but the minutes do not provide a final Board decision here. Residents also received a detailed financial recap showing the Centennial Park West concert series has cost far more than it has brought in, with deficits totaling $1.88 million since 2019 and $654,219 in 2025 alone.
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