Bonefish Grill has signed a ground lease for a site located on LaGrange Road in Orland Park, Illinois. Bonefish has commenced construction and plans to open by August 2013. Bonefish is an affiliate of Bloomin' Brands, a casual dining restaurant company with a portfolio of restaurant concepts. The company owns and operates 1,248 restaurants and has 195 restaurants operating under franchise or joint venture arrangements across 49 states and 21 countries and territories. Bonefish Grill is a polished casual seafood restaurant featuring market fresh grilled fish.
Tartan Realty Group and Campus Acquisitions (CA) expect an early summer groundbreaking for the third phase of The Flats at Illinois State University in Normal, Illinois. The Flats is a successful off-campus student housing development adjacent to ISU. When Phase III opens in Fall 2014, The Flats will comprise 152 units/481 beds in three buildings buildings, with modern amenities that include an outdoor terrace, study and game rooms, and on-site parking. CA’s full-service onsite management division will manage the property. Phases I and II were delivered by Tartan in 2011 and 2012 and include 196 beds and 8,073 sf of retail. Retail tenants are Chipotle Mexican Grill and Meatheads Burgers & Fries.