Construction for Wal-Mart Begins
The construction of the new Wal-Mart at the old U.S. Bowling Congress site on 76th street has begun.
Wal-Mart representatives have stressed that this particular store will be a neighborhood store meant to service the community within a 2-mile radius.
During the approval process U.S. Bowling Congress owners and village officials said that it took three years of marketing to find a developer willing to commit to a project on that particular location.
The current property where Wal-Mart would be is valued at $4 million. Since the site is not a TIF District once development is done the value of the property would go up to about $10 million or more, which would improve the village’s tax base, according to a press release from the village.