===== PDF PAGE 28 ===== [Extraction: OCR (rendered-page OCR)] CITY OF WEST CHICAGO DEVELOPMENT COMMITTEE AGENDA ITEM SUMMARY ITEM TITLE: AGENDA ITEM NUMBER: 5.x. Scannell Downtown Apartments / Concept Review FILE NUMBER: COMMITTEE AGENDA DATE: Aug. 9, 2021 COUNCIL AGENDA DATE: STAFF REVIEW: Tom Dabareiner, AICP SIGNATURE EE APPROVED BY CITY ADMINISTRATOR: Michael Guttman SIGNATURE Scannell Properties, an international commercial real estate developer, is best known in West Chicago for its warehouse/distribution facility in the DuPage Business Center. However, they work in numerous commercial sectors, including multi-family housing. When Scannell learned of the goals in the Central-Main Street Redevelopment Plan Update (2018), they began discussions with the City’s Economic Development Coordinator who, with the assistance of Kane, McKenna & Associates, carved out a detailed financial plan, which could lead to Scannell developing apartments in the downtown. The City’s Finance Committee reviewed the main components of the financial plan on July 22, 2021, whose members concurred that the approach was reasonable. The Finance Committee recommended that the Development Committee proceed with a conceptual review of the site plan and building designs. As proposed, the Scannell apartment development spans Blocks 3 and 4, as defined in the City’s Central Main-Street Redevelopment Plan Update. The project envisions the construction of a four story luxury apartment complex, comprised of 225 residential rental units ranging in size from 550 to 1,100 square feet, 4,500 square feet of first floor commercial space, and a parking garage. Rent rates for the apartments are estimated to average $2.13 per square foot, which is comparable to similar projects in Wheaton (Wheaton 121), Winfield (Winfield Station Town Center), and Lisle (Avant at the Arboretum), among others. The total cost of construction is approximately $49,000,000. Representatives from Scannell Properties will present its concept to the Development Committee for discussion. A positive recommendation from the Development Committee will result in Staff working with Scannell on finalizing plans for a mixed-use apartment complex in the Downtown. Sample site plans and elevations are attached. ACTION PROPOSED: Consideration, discussion and recommendation COMMITTEE RECOMMENDATION: ===== PDF PAGE 29 ===== [Extraction: OCR (rendered-page OCR)] COMMERICAL WEST CHICAGC MODERN DISTRICT PRAIRIEPATH STATION METRA EXISTING BUILDING CITY BLOCK4 SESQUICENTENNIAL PARK DOWNTOWN HISTORIC WEs CHICACO|lLLINOIS PRAIRIE PATH SCANNELL ===== PDF PAGE 30 ===== [Extraction: OCR (rendered-page OCR)] ZONING B-1 Central business district. A pedestrian-oriented district geographically designated within the central core of the city in which retail and service uses are provided. Lot and building requirements. A Every building erected in the B-1 Central Business ye? c District shall conform to the requirements indicated % below: ) A Minimum lot area: None. Ly ee N Minimum lot width: Twenty (20) feet at the established . @ o building line. te Re ‘ 3 A Minimum lot depth: None. Morya Minimum setback: None. S "ee, > BLOCK 4 U Maximum floor area ratio: None. Maximum percentage of lot building coverage: None. Maximum height: Four (4) stories or forty-eight (48) feet. (5 Stories listed on Redevelopment Plan) West Chicago - Downtown Redevelopment Area / Scannell Properties Proposal ‘APRIL 2, 2021 2 ===== PDF PAGE 31 ===== [Extraction: OCR (rendered-page OCR)] \ SURFACE PARKING. ie nn (A) Pocket Park for residents and public connectivity (Figure 21 of Redevel- opment Plan) (B) Corner Plazas (Figure 17 of Redevelopment Plan) (C) Active ground floors at intersection (D) Architectural Corner Features (E) Visual Landmark Opportunity (F) Improved, Continuous Sidewalk - Complementary to Illinois Prairie Path ff SCANNELL PROPERTIES West Chicago - Downtown Redevelopment Area / Scannell Properties Proposal APRIL 2, 2021 ===== PDF PAGE 32 ===== [Extraction: OCR (rendered-page OCR)] 2 ® Block 3 & 4 - 2ND FLoor Main Street ff : af =n West Chicago - Downtown Redevelopment Area / Scannell Properties Proposal Renn 4 sc PROPERTIES ===== PDF PAGE 33 ===== [Extraction: OCR (rendered-page OCR)] es ®@ Block 3 & 4 - 3rD Floor Main Street ff SCANNELL PROPERTIES West Chicago - Downtown Redevelopment Area / Scannell Properties Proposal APRIL2, 2021 © | humor: ===== PDF PAGE 34 ===== [Extraction: OCR (rendered-page OCR)] Bock 3 & 4- 4TH Floor ~) Bean Ba eeoe08 0 sf West Chicago - Downtown Redevelopment Area / Scannell Properties Proposal ‘APRIL 2, 2021 SCANNELL PROPERTIES ===== PDF PAGE 35 ===== [Extraction: OCR (rendered-page OCR)] Block 4 Exterior ELEVATIONS Brick-2 Brick-1 Metall Cem. Fib. Bd-1 Cem. Fib. Bd-2 Brick-2. Metal-1 Brick-1 140" .Bd-2Brick-1 Cem. Fib. Bd-1 1" 30'0" Cem. Fib, Bd-2 ——— so" ar" 96:0" 2-0" vo" West Elevation ve 30's" 3) 2 Wines! Sieh) (A) Architectural Corner Feature (B) Building Articulation and Material Change (C) Active Ground Floor Features (D) Multiple Ground Floor Entries (E) Private Resident Balconies Spec: Brick-2 ME Spec: Cement Fiber Spec: Cement Fiber Spec: Metal -1 f Bd -1 Bd -2 i e lI Properties P ! SCANNELL West Chicago - Downtown Redevelopment Area / Scannell Properties Proposal APRIL 2.2001 3 PROPERTIES ===== PDF PAGE 36 ===== [Extraction: OCR (rendered-page OCR)] Btock 3 Exterior ELEVATIONS Brick-2 Brick-1 Cem. Fib. Bd-1 Cem. Fib. Bd-2 Cem. Fib.Bd-2 Metal-l Cem. Fib.Bd-2 — Brick-1 Cem. Fib. Bd () (© () T= 30'-0" Brick-1_ — Brick-2. Cem.Fib. Bd-1 Cem. Fib, Bd-2 Cem. Fib.Bd-1_ Metal-1 Cem. Fib. Bd-2 Brick-2 H (A) © (¢:)) North Elevation oy So's" (A) Architectural Corner Feature (B) Building Articulation and Material Change Ground Floor Features (D) Multiple Ground Floor Entries (E) Private Resident Balconies at ii Mid! i jit Spec: Cement Fiber Spec: Cement Fiber Spec: Metal -1 Bd -1 Bd -2 West Chicago - Downtown Redevelopment Area / Scannell Properties Proposal APRIL 2, 2021 9 - Spec: Brick-2 ===== PDF PAGE 37 ===== [Extraction: OCR (rendered-page OCR)] ff SCANNELL \. PROPERTIES West Chicago - Downtown Redevelopment Area / Scannell Properties Proposal APRIL 2, 2021 co | 10 ===== PDF PAGE 38 ===== [Extraction: OCR (rendered-page OCR)] TT i % Uf [ Hii) i ANI j y 2 =i mn mi a j PHAR HE AA Hit He oo nh 11 APRIL 2, 2021 West Chicago - Downtown Redevelopment Area / Scannell Properties Proposal SCANNELL Paovearies