Ground Breaks On 1st New Downtown Aurora Development

AURORA, IL — Aurora officicals broke ground Oct. 24 on its first new development in the downtown area in two decades.

City officials joined Chicago-based developer DAC Development for a ground-breaking ceremony to usher in the new Residences at Eastbank at 100 N. Broadway.

Located on the east bank of the Fox River, the $90 million, 343,421-square-foot development features 258 apartments spanning five floors. The complex consists of studios, one-, two- and three-bedroom units.

"This is such a long time coming," DAC President Danny Rezko said. "It's a labor of love, this thing, for so many people. It truly takes everyone here to make something like this a reality,"

The property will feature more than 300 parking spaces in an indoor lot, allowing residents to park on the same floor as their apartment. The development will also contain about 27,000 square feet of indoor and outdoor amenity space, including private balconies and a dog park, Patch reported.

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"We had factories that have been on our riverfront for generations," Mayor Richard Irvin said at the event. "We're a 185-year-old city. We're a blue-collar city, and factories sat on our riverfront using the river to carry out pollutants, not recognizing the value of the beautiful river that runs through the heart of our city."