Tuesday, April 2, 2013
Council approves developer's plans to build a medical office building at the former Jewel property in downtown Wheaton.
Wheaton City Council on Monday approved a developer's plan to build a three-story, 40,000-square-foot medical office building at the former Jewel property, 114 E. Willow Ave. in downtown Wheaton. Mokena-based developer Olympia Investments requested planned unit development (PUD) approval to demolish the old Jewel building at 114 E. Willow Ave. to build a three-story, 40,035-square-foot medical office building that will be operated by the DuPage Medical Group, according to a city staff memo. The proposed re-development of the site includes construction of the new building on the north portion of the property—facing Illinois Street, 116 parking spaces and two full-access drives. The building design would include a combination of red and …
Thursday, February 28, 2013
Wheaton City Council considers using TIF funds for public improvements in its downtown strategic plan.
City officials will consider a developer's request for tax-increment financing (TIF) funding assistance for public enhancements in development of the old Jewel property, but some say they're inclined to put the money toward the downtown strategic plan. Mokena-based developer Olympia Investments has requested the city's approval to demolish the former Jewel building at 114 E. Willow Ave. and build a three-story medical office building in its place. City Manager Don Rose said at a planning session Monday that the developer will probably ask for TIF assistance of as much as $1.1 million for public enhancements included in the project. He told council members he wanted to address the city's TIF funding policy to consider how the money should…
Monday, February 25, 2013
Developer submits plans to city's zoning board for three-story medical office building in downtown Wheaton.
Wheaton's planning and zoning board on Tuesday will review a developer's plans to build a medical office building on the former Jewel property in downtown Wheaton. Mokena-based developer Olympia Investments is requesting planned unit development (PUD) approval to demolish the old Jewel building at 114 E. Willow Ave. to build a three-story, 40,035-square-foot medical office building that will be operated by the DuPage Medical Group, according to a city staff memo. The proposed re-development of the site includes construction of the new building on the north portion of the property—facing Illinois Street, 116 parking spaces and two full-access drives. The building design would include a combination of red and tan masonry with tinted glass …
Thursday, August 9, 2012
Developers under contract for the vacant Jewel-Osco property in downtown Wheaton plan to build a medical office building.
Developers under contract for the former Jewel-Osco property in downtown Wheaton hope to begin construction on a medical office building early next year. Last week, developer Marty Burke said during the Downtown Wheaton Association's second annual Broker's Walk that the development will be a "beautiful" three-story, 40,000-square-foot medical office building, and he hopes to start construction sometime in February or March. Wheaton Director of Economic Development Jim Kozik said the developer is currently under contract with the seller and performing due diligence on the deal. Wheaton Mayor Mike Gresk said at his annual State of the City address in January that the neighboring Hubble project may have influenced movement in downtown Wheaton…
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114 E Willow Ave, Wheaton, IL
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Charlotte Eriksen
8:14 am on Thursday, February 28, 2013
It is a good point, Christopher. It will bring people downtown—but who knows if they'll shop. It's still a great development to have there. more ›