Dec. 15, 2021 – Village officials, both past and present, joined representatives from the developer to break ground today for the new Pete’s Fresh Market that will be built on the north side of Madison Street between Oak Park and Wesley avenues.
Village President Vicki Scaman and immediate past President Anan Abu-Talab along with Trustee Chibuike Enyia, Pete’s Market executive and owner Stephanie Dremonas and others involved in the project, donned hardhats and grabbed ceremonial shovels to officially launch the project.
The 46,000 square-foot grocery store will replace a former used car dealership at 640 Madison St. and adjacent parking lots, properties the Village began assembling in 2001 to create a major development site.
The Pete's Fresh Market project was selected through a competitive bid process.
Once open, the new store is estimated to generate about $587,000 in real estate taxes and $546,000 in sales taxes annually and employ 140 to 180 workers.
Crews already have been busy relocating underground utilities that serve the site and the surrounding neighborhoods near the construction site, which spans Euclid Avenue between Wesley and Oak Park avenues.
Actual construction of the main facility is expected to begin in the spring, and the new store could be open to the public by late next year.
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Rendering of the new Pete's Fresh Market