Frontier Development Buys Historic Arcada Building in St. Charles
The Arcada Building in St. Charles has come under new ownership, as Frontier Development, LLC purchased the historic building, closing the deal on May 3, 2019.
Downtown St. Charles Partnership officials said the “gem of the Fox Valley” caught the eyes of the owners of Frontier Development, father-son duo Curt and Conrad Hurst, with its “history and relevance.”
“I’ve lived here most of my adult life, and the Arcada has always been an interesting building to me because it’s the culmination of art and history,” Conrad said.
In a Wednesday news release, Downtown St. Charles Partnership officials said plans for the building will be a team effort involving the city of St. Charles, building tenant Onesti Entertainment and Frontier Development.
Ron Onesti, president of Onesti Entertainment, said he is eager to see the building reach its fullest potential.
“It’s a refreshing change of environment,” Onesti said. “They share my passion for entertainment and St. Charles itself. It’s going to be a great partnership.”
Representatives of the city of St. Charles, Mayor Ray Rogina and 4th Ward Alderman Lora Vitek expressed excitement about the purchase.
“I am extremely delighted that Frontier Development, which is owned by St. Charles residents, have purchased the theatre and are committed to keeping the Arcada as a very important element of our downtown landscape,” Rogina said.
“The Arcada is a key piece to the St. Charles community,” Vitek said. “I have no doubt that the expertise Frontier Development brings will continue to enhance the great tradition of the Arcada while also elevating it to new and exciting level.”
Frontier Development has also purchased the former Chord on Blues building and are constructing a building on the lot located at the corner of Illinois and Route 31, with a vision of creating a vibrant entertainment district for residents and visitors to enjoy.
Conrad said the support from the city of St. Charles has been tremendous.
“The mayor and the city have been invaluable with helping us with our vision,” he said. “We look forward to working with them.”
For more information about the Arcada, visit http://www.arcadalive.com.
SOURCE: Downtown St. Charles Partnership news release
About the Downtown St. Charles Partnership
The mission of the Downtown St. Charles Partnership is to enhance the economic viability and to preserve the character and beauty of Downtown St. Charles. The partnership produces the St. Charles Fine Art Show, Holiday Homecoming, Jazz Weekend, and the St. Patrick’s Parade.
For more information about the DSCP, including membership, volunteer opportunities, and events visit www.downtownstcharles.org