CHICAGO -- Directors of Federated Department Stores have approved construction of Bloomingdale's first suburban Chicago store. It will be in the Old Orchard Shopping Center in Skokie, Ill.

The 200,000-square-foot store, set to begin construction in September for an October 1995 opening, is expected to generate first-year sales of $65 million, according industry sources In Old Orchard, Bloomingdale's will join anchors Marshall Field's, Saks Fifth Avenue and Lord & Taylor, along with a new Nordstrom, which is slated to open in October.

"We've always viewed Chicago as a metropolitan area that would provide a solid base for more than one Bloomingdale's store," said Jeff Sherman, president. Bloomingdale's other Chicago store opened in 1988 and anchors the 900 North Michigan Mall.

Old Orchard is now undergoing extensive renovations, including plans for 75 new specialty stores and parking for 2,200 cars.

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