St. Charles Riverfront Redevelopment Gets City Council OK

St. Charles Riverfront Redevelopment Gets City Council OK

/ March 3, 2015 / Comments Off on St. Charles Riverfront Redevelopment Gets City Council OK / Communities, Development, Government, Local Economy

first street stc aerialframed_first_street_corner_St Charles REdevelopment

The St. Charles City Council gave a thumbs up Monday night to a riverfront redevelopment project that has been a few years in the making.

Here’s a look at the latest details on the First Street redevelopment. An updated proposal for the third phase of the project was recommended for approval by the Planning and Development Committee during a special meeting Feb. 17.

The third phase covers an area bounded by First Street, Illinois Street and the Fox River, with plans for three mixed-use buildings and a 110-space parking deck. All three buildings will have ground floor retail space.

Building 1 will have upper level office space and will be fully occupied by ALE Solutions, which currently has offices across the street at Fox Island Square. Buildings 2 & 3 will have residential space on their upper levels.

The parking deck will offer public parking. Private parking will be available under the buildings. The bi-level riverwalk along the river front and an east plaza across from the existing First Street plaza remain part of the site layout.

Construction is slated to begin in spring, with preliminary site work and construction of Building 1 and the parking deck planned to begin in earnest during the summer.

Anticipated construction for Building 2 is spring 2016, and spring 2017 for Building 3.

For more information on the latest developments, visit the project’s website at www.1ststreetstc.org. Or, contact the Community & Economic Development Department at 630.377.4443, or email 1ststreet@stcharlesil.gov.

SOURCE: City of St. Charles