Title/Name/Summary
15255 S Harlem Avenue Units B-1 and B-2 - Class 8 Renewal
History
The Village has received a request from Michael Pyrchalla of Sandrick Law Firm, on behalf of Heart and Vascular Partners (HVP) for renewal of the Class 8 Real Estate Tax Incentive for the property located at 15255 S. Harlem Avenue in Orland Park. The subject property is directly south of the former Prairie House Nursery that was recently acquired by the Village at 15151 Harlem Avenue. The property is located in Bremen Township, and the incentive was previously granted under the new construction provision of the Class 8 Eligibility Application. The subject property, PINs 28-18-100-056-1002 and 28-18-100-056-1004, is part of the Millennium Office Park (Legistar File # 1999-0296).
The original developer was approved to construct three office buildings. The buildings are labeled from east to west A-C respectively on the site. Building permits were issued in 1999 to complete the work. Since then, only building C has been fully completed and occupied. The shell of buildings A and B were constructed but were never completed.
HVP was able to build out building B after the Class 8 was supported by the Village and ultimately granted by Cook County. The property is fully occupied by Advanced Heart Group. HVP employs 25 medical and administrative professionals across the subject property and adjacent building. These high wage jobs support Orland Park’s daytime population leading to better restaurant and retail offerings.
Retaining these medical services in Orland Park also leads to a higher quality of life for residents. Supporting a reduction in taxes for this business allows HVP to continuously upgrade its medical facilities and technology maintaining Orland Park’s reputation as a hub for advanced healthcare services. If the incentive was not granted, then it potentially jeopardizes the buildings ability to remain a productive, tax-paying asset. It also increases the likelihood t...
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