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Committee advances Springs at Aurora final plat and final plan for 320-unit multifamily development
Summary
The committee approved a final plat and final plan for Springs at Aurora, a 320-unit multifamily development on 24 acres west of Orchard Road that will include 16 two-story buildings, 575 parking stalls, amenity spaces and a gated configuration with an emergency-only fire access.
The Building Zoning and Economic Development Committee approved two related items July 23 approving the final plat and final plan for the Springs at Aurora subdivision and its Lot 1 multifamily development.
Tracy Vasek, director of the zoning and planning division, said the final plat subdivides the property at 1340 and 1444 N. Orchard Road into six lots rather than five as originally proposed. Lot 1 will be developed as a multifamily residential community and Lot 2 is reserved for future commercial use. The final plan reduces the total unit count from 340 at preliminary review to 320 at final, in part because of a shared-parking arrangement with an adjacent hotel; the plan also adds 25 parking spaces.
Eric Prechtel of Rosanova & Whitaker, representing petitioner Continental Properties, described the project as 24 acres with 16 two-story apartment buildings totaling 320 units and 575 parking stalls. Unit sizes will range from about 650 to 1,400 square feet and the development will include a clubhouse, a resort-style pool, pet playgrounds and detached garages. Prechtel said Continental will act as owner-operator and does not plan to employ a third-party management company.
Richard Silverman, contract purchaser for Lot 2 and owner of the adjacent Buffalo Wild Wings parcel, said he has a signed letter of intent from a national sit-down restaurant brand and expects the applicant to appear before the real estate committee in September with hopes of opening in 2026.
Committee members asked about studio rents and EV readiness. Prechtel said studios "start at $15.50" as stated in the presentation; he also said Illinois law requires developers to provide charging readiness and that the project will provide EV-capable parking stalls (conduit and electrical capacity) to allow future charger installation. Members requested clearer plan slides in the packet for committee review.
Motions to approve the final plat (25-0559) and final plan (25-0560) were made, seconded and carried by the committee.
