The Hoogland household enterprise recognized for beginning the Household Video chain in Springfield that ballooned to 800 shops earlier than closing in 2021 is shifting its company workplace to Tennessee.
Keith Hoogland, the president and chief govt of the Glenview, Illinois-based Highland Ventures, Ltd., made the announcement on the company’s web site. A September opening is deliberate for places of work in Nashville.
In the meantime, Gus Gordon, the manager director of the Hoogland Middle for the Arts, stated he did not anticipate any change within the constructing’s identify regardless of the transfer.
Charles and Kathleen Hoogland donated $1 million from the Hoogland Household Basis to the Springfield efficiency middle’s endowment fund in 2004. The donation gave the Hooglands the alternative to call the constructing.
Officers on the College of Illinois Springfield stated Monday that the Hoogland identify will keep on the atrium of The Recreation and Athletic Middle (TRAC). The couple additionally donated $1 million via the muse when the TRAC was constructed. It opened in 2007.
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Highland Ventures moved from Springfield to Glenview, about 20 miles northwest of Chicago, in 2003. About 100 staff work on the workplace. The corporate’s industrial actual property portfolio is valued at over $800 million, based on its web site.
Household Video Film Membership began in 1978 as an offshoot of predecessor firm, Midstates Home equipment & Provide Co., based by Charles Hoogland’s father, Clarence in 1946. Charles Hoogland died in 2020.
In early 2021, the corporate introduced all remaining 250 video retailer areas would shut, together with the capital metropolis’s lone remaining retailer at 1802 North Grand Ave. E.
Ryan McCrady, the president and CEO of the Springfield Sangamon Development Alliance, stated whereas the transfer is not excellent news for Illinois, companies have their very own causes for making the choice.
“He was very open concerning the causes for his selections. We’re not in any place to argue or refute any of that,” McCrady stated. “The most effective we are able to do is proceed to attempt to construct the most effective setting for companies we are able to right here in our neighborhood and to do no matter we are able to to make our neighborhood a aggressive possibility for retaining and attracting companies.”
McCrady stated the Development Alliance has contracted with NextSite, a nationwide improvement consulting agency, to market and promote quite a lot of retail websites across the neighborhood. Holding firms or trusts related to the Hoogland household nonetheless personal the properties of the previous video shops in Springfield and NextSite “might help” in bringing choices to their properties, McCrady added.
“The Hooglands have been an unlimited a part of our neighborhood’s historical past and (presently),” McCrady stated. “We’re honored to have their identify and their funding right here for as a few years as we did, and their affect is clear. A few of these issues would not be round absent their help, so we’re grateful for that.
“They should decide they should make for quite a lot of causes however that is by no means going to decrease how grateful we’re for what they’ve achieved for our neighborhood over all these years.”
Just some years after making the $1 million present, Charles and Kathleen Hoogland bought neighborhood members to donate after the humanities middle was threatened with closing, stated Gordon, who turned govt director in 2013.
“I do not assume it is going too far to say if it weren’t for Charles and Kathleen, we would not be right here at the moment,” Gordon stated.
The Hooglands’ items had been “purely philanthropic,” Gordon stated, and that they by no means sought a seat on the humanities middle’s governing board.
At this level, “we actually haven’t any need or intent to vary the identify of the constructing,” Gordon stated. “Who is aware of what the long run will deliver however that is not even on our radar in the intervening time.
“They have been very beneficiant to us prior to now and for that we’re eternally grateful.”
Keith Hoogland, who took over the operation of the corporate from his father, Charles, in 1995, informed the Chicago Tribune final week that Illinois was “a shrinking state” and taxes had been “going to worsen earlier than they get higher.” He added the plan “is to sluggish development in Illinois or cease it. I’m not shopping for workplace buildings right here and I in all probability received’t open any extra pizza locations right here.”
In Springfield, Marco’s Pizza has a location within the former Household Video location at 3211 W. Iles Ave. Household Video partnered with the Ohio-based chain in 2015.
Contact Steven Spearie: 217-622-1788, [email protected], twitter.com/@StevenSpearie.