Business & Tech

Tax Incentives Offered to Fresh Farms Grocer

The grocery store is looking into opening in Niles' Four Flaggs Shopping Center where Jewel-Osco used to be.

Big tax incentives could be coming to Fresh Farms grocery store, expected to open in the Four Flaggs Shopping Center in Niles, the Journal & Topics reports. 

Niles trustees approved a plan to split village sales tax revenue 50/50 with the store after an initial cut to the village, the newspaper reports. In return, Fresh Farms needs to invest $12 million in the space, and open its doors by Jan. 1, 2015. The sales tax cut should pay for the grocer’s investment. If all goes as planned, Fresh Farms will be moving into the space formerly occupied by Jewel-Osco. The store has a second location in Niles at 5740 West Touhy Avenue. 


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