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Committee approves Springs at Aurora final plat and final plan for 320-unit multifamily development

Building Zoning and Economic Development Committee (City of Aurora) · July 24, 2025
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Summary

The committee approved the final plat and final plan for Springs at Aurora: a gated, 320-unit multifamily development (16 buildings of 20 units each) with 575 parking stalls, a clubhouse, pool and pet parks; Lot 2 is reserved for future commercial use with a contract purchaser reporting a signed LOI for a national restaurant.

The Building Zoning and Economic Development Committee approved the final plat and final plan for the Springs at Aurora subdivision, clearing the way for a 320-unit multifamily community to proceed on about 24 acres west of Orchard Road.

Tracy Vasek, director of the zoning and planning division, summarized changes from the preliminary approval: the final plat subdivides the property into six lots instead of five, reduces the residential footprint from 340 to 320 units (one apartment building eliminated as a result of a shared-parking agreement with an adjacent hotel), and adds 25 parking spaces compared with the preliminary plan. Lot 1 is planned for multifamily residential use; Lot 2 is designated for future commercial use.

Eric Prechtel, representing Continental Properties, described the proposed community as 16 two-story apartment buildings totaling 320 units, with amenities including a clubhouse, resort-style pool, two pet parks and detached garage buildings. Prechtel said units will range from approximately 650 to 1,400 square feet and feature energy‑efficient appliances and in-unit laundry.

Richard Silverman, contract purchaser for Lot 2 (MJK Real Estate Holding Companies), said his firm has a signed letter of intent with a national hot‑dog/Italian‑beef restaurant chain that seeks to open in 2026 as a full sit-down restaurant.

Committee members asked about pricing, electric-vehicle readiness and family amenities. In response to a pricing question, Prechtel said, "The studios are gonna start at $15.50," as stated during the meeting record. Prechtel also said the project will be "100% EV compatible or capable," meaning conduit and electrical capacity will be provided so charging stations can be installed later, although charging equipment will not be installed initially. Members clarified the two parks referenced are for pets, not children.

A motion to approve the final plat and final plan was made and seconded; the committee voted to approve the item and moved it forward for implementation steps with the developer and city permitting staff.

Staff noted a presentation slide that better breaks down lot uses should be included in the final plan packet and will be provided to committee members for reference.