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Information About

Oakbrook Center




  Location Oak Brook, Illinois
  Opening Date 1962
  Developer Philip M Klutznick
  Manager General Growth Properties
  Owner General Growth Properties &<br> CalPERS
  Number Of Stores 160 <small> {Link without Title}
  Number Of Anchors 6
  Floor Area 2,018,000 ft&2 <small> {Link without Title}
  Floors 2
  Parking 12,500 <small> {Link without Title}
  Website oakbrookcentercom


Oakbrook Center is an upscale super-regional Shopping Center located near Interstate 88 in Oak Brook , Illinois . It was originally opened in 1962 and has become the largest open-air center in the United States . Managed and co-owned by General Growth Properties , it is the second largest shopping center in the Chicago area, by Gross Leasable Area .1 Current anchor stores include Bloomingdale's Home , Lord & Taylor , Macy's , Neiman Marcus , Nordstrom and Sears .


HISTORY


Oakbrook Center, originally to be named Oakbrook Terrace (but the name was changed when a town near the mall took that name), opened in 1962 with Sears and Marshall Field's , as well as a Jewel Food Store . Bonwit Teller was latter added, as was Lord & Taylor in 1973 on the south side. I. Magnin , Saks Fifth Avenue , and Neiman Marcus joined the center in a 1981-1982 expansion that doubled the physical size of the center with a new southeast court.

In 1987 , a four-screen movie theater (which closed in 2001) was added near Saks Fifth Avenue. Bonwit Teller closed their location in 1990, while I. Magnin was shuttered in January 1991 , with its former site subdivided in 1994 for specialty stores, including Eddie Bauer and Tiffany & Company . In 1991 a new two-story, open-air addition opened northeast of Sears. Built on top of a parking garage it added 210,000 ft&2 of mall retail and a 220,000 ft&2 Nordstrom .

Saks Fifth Avenue closed their store in 2002 and sold the store to Federated Department Stores , which used the site to opened a Bloomingdale's Home store on September 12 , 2003 . Marshall Field's adopted the Macy's name on September 8 , 2006 .

General Growth Properties acquired a half-interest and management of the mall in 2004, when it acquired The Rouse Company (which had itself acquired its stake the mall in 2002). It is co-owned with an Institutional Investor , the California Public Employees' Retirement System .

The Sales Tax rate for Oak Brook , Illinois ( DuPage County ) is 7%.


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