Water Park Sold, Coopers Hawk Restaurant Opens, and Store Closures: Illinois Business Updates

In a whirlwind week of business news in Illinois, several major developments have captured the attention of residents and investors alike. From the sale of the state’s largest water park to a significant bakery merger, here are some of the top stories making waves in the business world:

First up, the largest water park in Illinois, Raging Waves, has been acquired by Bowlero, a major bowling alley chain. With 32 water slides, a wave pool, and a lazy river spread across 58 acres, Raging Waves has been a popular destination for families for 17 years. The acquisition marks a new chapter for the beloved water park.

In another exciting development, Jarosch Bakery, a family-run bakery specializing in cookies, cakes, and doughnuts, has announced a merger with a Chicago bakery with roots dating back to the 1930s. This merger is set to create a powerhouse in the bakery industry, combining decades of experience and expertise.

Additionally, a former Arby’s restaurant is being redeveloped into a Freddy’s Frozen Custard & Steakburgers, and the property is up for sale for $2.67 million. With a prime location seeing 25,848 vehicles passing by daily, this opportunity is sure to attract interest from investors looking to capitalize on the thriving food industry.

These stories, along with the opening of new locations, the closure of retailers, and the success of local businesses, highlight the dynamic and diverse business landscape in Illinois. As the state continues to see growth and innovation in various industries, the future looks bright for entrepreneurs and investors alike.