LANSING | Village officials gave final approval Tuesday to a series of ordinance changes, resolutions and agreements to allow Walmart to turn a former Sam’s Club into one of its superstores.
By a 6-0 vote, trustees supported five agreements Walmart requested in exchange for turning the vacant warehouse store into a retail outlet. It could open sometime next year.
Under the agreements, a 169,000-square-foot building will be built beginning this summer at the Lansing Square shopping center, which will be split into four parcels to encourage smaller stores to develop nearby.
The Sam’s Club store was at 17555 Torrence Ave. But the address of the new Super Walmart will be 17625 Torrence Ave.
Village Attorney Timothy Lapp said that among the concessions made to get Walmart to do the deal was a split of the village’s share of sales tax revenues. Lansing official will return half of the proceeds to Walmart — for up to 20 years or $12 million.
The Village Board also gave its support to a resolution asking the Cook County Board to approve a Class 8 property tax break for Walmart at the site. County officials could act on the request — which would cut property taxes by more than half for the next 12 years — by late summer or early autumn.
Trustees also approved a special use permit that would allow for Walmart to have outdoor gardens at the Lansing store, along with permitting the sale of certain types of firearms, Lapp said.
Officials also supported variances to let Walmart have parking lots and lighting, loading docks and landscaping at the site that does not strictly comply with the village’s zoning requirements. Among the measures granted to Walmart was permission to have a sign outside the property of up to 400 square feet.
Lansing already has a Walmart store at 16771 Torrence Ave. But officials say they would want to move from that location to the former Sam’s Club located near Torrence Avenue’s intersection with Interstate 80/94.
They say a superstore would contain a full-scale supermarket, home goods, interior decoration items, a liquor department, a garden center and outdoor seasonal items.