cover
TO: Mayor Richard C. Irvin
FROM: Planning and Zoning Commission
DATE: April 21, 2023
SUBJECT:
A Resolution Approving the Final Plat for Pacifica Riverview Subdivision on property located at 309 N. River Street and 201 N. River Street (Windfall Aurora, LLC - 23-0214 / AU22/1-23.003-Fsd - TV - Ward 6)
PURPOSE:
The Petitioner, Windfall Aurora, LLC, is requesting approval of Final Plat for Pacifica Riverview Subdivision located at 309 N River Street and 201 N River Street to create a 4-lot subdivision.
BACKGROUND:
The Subject Property is owned by the City of Aurora and is being utilized as a public parking lot. In 2010, the City of Aurora purchased this property and rezoned it to DF Downtown Fringe District with the intent that this property will be a future investment for redevelopment. At that time, the City constructed additional parking spaces as a temporary measure to help the overall parking situation in and near the downtown. It has always been the City's goal to redevelop this property and relocate the parking lots away from the Fox River. In addition, the new pedestrian bridge across the Fox River is adjacent to this development which allows the residences to access amenities along the east side of the river such as the Aurora Train Station and RiverEdge Park.
In February of 2022, the City Council approved a Redevelopment Agreement with Windfall Group, LLC for the construction of an apartment building on the west bank of the river. In July of 2022, an amendment to the Redevelopment Agreement was approved to update various milestones. In October of 2022, the City Council approved the establishment of Conditional Use Planned Development along with the Preliminary Plan and Plat.
The Petitioner is requesting approval of Final Plat for the Pacifica Riverview Subdivision. The Plat consists of subdividing 309 N. River Street and 201 N. River Street, being 7.511 acres into 4 lots. Lot 1 consists of the proposed residential building and nor...
Click here for full text