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Originally Posted by jpIllInoIs
Naperville will join suburbs like Arlington Hts, Elmhurst, Morton Grove, Tinley Park, Des Plaines and others, that are remaking their Metra parking lots into mixed use Live/Work/ walkable TOD's.
Naperville is planning on a TOD project Fifth Avenue Development in the place of the commuter surface lots surrounding the downtown station. It looks like the commuter spaces will be provided within the new development as integrated parking structures with retail and commercial at ground level- street facing. While this is not revolutionary thinking. It follows the trend to walk-ability and increases the primary importance of easy access to Chicago.
Real Estate Jounal Quote |
As a Naperville native I'm really excited for this project. Naperville is one of the few burbs where the rail lines don't go directly through the middle of downtown and the area around the station is ripe for development. $350M+ price tag will be a big pill to swallow. But these initial concepts released yesterday look good and are about as urban as you can ever hope a Naperville development to be. I know lots of residence will make the expected complaints about parking, density and height. But hopefully the final development looks something like the concept and comes to fruition.