Angelo Caputo's Fresh Markets is expected to open a store at North Avenue and Schmale Road in Carol Stream this fall.
The store will be inside a 300,000-square-foot building that also houses the office space for the company's corporate headquarters and its warehouse.
Carol Stream Community Development Director Bob Glees called it "a great addition to the Carol Stream business community."
"We're very much looking forward to the opening of this store, he added. "It's a modern grocery store. It's a corporate headquarters. It's a distribution center for all of the Caputo stores in the Chicago area."
Glees said the business will benefit Carol Stream in many ways.
"When you have a business that moves into a 300,000-square-foot building, they bring jobs, they have a positive effect on the tax space," Glees said. "And then they also have the beneficial effect of adding to the retail sales tax revenue."
Angelo Caputo's Fresh Markets has several other suburban locations, with stores in Bloomingdale, Addison, Elmwood Park, Hanover Park, Naperville, South Elgin and Downers Grove.
The store will offer shoppers a variety of services, including a cappuccino bar, a pizza station, a wine and beer bar, a grill and a juice bar, CEO Robertino Presta said.
"We opened up as a produce store in 1958," he said, "and that's going to be the first thing you see when you walk in the store."