City of Aurora - File #: 22-0175

• File #: 22-0175
• Version: 3
• Name: Atlantic Residential / North side of Fox Valley Mall, South of New York Street and West of Route 59 / Preliminary Plan
• Type: Resolution
• Status: Passed
• File created: 3/3/2022
• In control: City Council
• On agenda: 5/10/2022
• Final action: 5/10/2022
• Title: A Resolution Approving a Preliminary Plan for a portion of Lot 1A1, Lot 2A1 and all of Lot 4A1 of The Third Resubdivision of Fox Valley East Region 1 Unit No. 1, on property located on the north side of Fox Valley Mall, south of New York Street and west of Route 59

Date	Ver.	Action By	Action	Result
5/10/2022	3	City Council	approved on the Consent Agenda
5/3/2022	3	Committee of the Whole	(PLACED ON CONSENT AGENDA)
4/27/2022	3	Building, Zoning, and Economic Development Committee	recommended for approval	Pass
4/20/2022	2	Planning and Zoning Commission	Forwarded	Pass

cover
TO: Mayor Richard C. Irvin

FROM: Planning and Zoning Commission

DATE: April 22, 2022

SUBJECT:
A Resolution Approving a Preliminary Plan for a portion of Lot 1A1, Lot 2A1 and all of Lot 4A1 of The Third Resubdivision of Fox Valley East Region 1 Unit No. 1, on property located on the north side of Fox Valley Mall, south of New York Street and west of Route 59 (Atlantic Residential - 22-0175 / NA21/4-22.056-Ppn - TV - Ward 10)

PURPOSE:
The Petitioner, Atlantic Residential, is requesting approval of a Preliminary Plan for a portion of Lot 1A1, Lot 2A1 and all of Lot 4A1 of The Third Resubdivision of Fox Valley East Region 1 Unit No. 1, located along the north side of the Fox Valley Mall, south of New York Street, west of Route 59 which includes the construction of a multi-family residential development and the reconfigures of the existing parking lots.

BACKGROUND:
The Subject Property consists of 9.121 acres lying on the north side of the Fox Valley Mall. The property currently is comprised of a portion of the ring road and surface parking, part of which serves the Fox Valley Mall, part of which served the now closed Carson Pirie Scott building and part of which serves the retail outlot. The property is currently zoned PDD Planned Development District, which is part of the Fox Valley East Planned Development District.

The owner, Centennial Real Estate Company ("Centennial"), purchased the Fox Valley Mall in 2015. Then in 2018, a partnership controlled by Centennial purchased the Sears' and Carson's Site after falling into bankruptcy. Since then, Centennial has been making substantial investments essential to the Mall's revitalization including the remodeling of the mall center. In early 2021, they demolished the Sears building to make way for a future retail and residential development. In 2021, Lumen at Fox Valley, a multi-family residential development was approved by City Council along the east side of the mall and is now under construction. ...