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Article updated: 7/15/2013 10:14 PM

Carol Stream approves incentives for Caputo's

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The Carol Stream village board has approved an economic incentive agreement with developers of Angelo Caputo's Fresh Farms Market, who say the agreement is necessary to bring their proposed 70,000-square-foot grocery store to the corner of North Avenue and Schmale Road.

Michelle Jay | Staff Photographer

A 70,000-square-foot Angelo Caputo´s Fresh Farms Market grocery store is scheduled to open later this year or early next year at North Avenue and Schmale Road in Carol Stream.

Courtesy of Village of Carol Stream

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Developers of a Carol Stream grocery store are due to receive $3.5 million in economic incentives that village officials credit with helping bring the store to town. The village board voted 5-0 Monday to approve a redevelopment agreement with developers of a new Angelo Caputo's Fresh Farms Market store, which is expected to open at the southwest corner of North Avenue and Schmale Road by 2014.
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    • The Carol Stream village board has approved an economic incentive agreement with developers of Angelo Caputo’s Fresh Farms Market, who say the agreement is necessary to bring their proposed 70,000-square-foot grocery store to the corner of North Avenue and Schmale Road.
    • A 70,000-square-foot Angelo Caputo´s Fresh Farms Market grocery store is scheduled to open later this year or early next year at North Avenue and Schmale Road in Carol Stream.
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